Acceleware Ltd. (CVE:AXE – Get Free Report) was down 16.7% during mid-day trading on Tuesday . The company traded as low as C$0.07 and last traded at C$0.08. Approximately 108,007 shares were traded during mid-day trading, an increase of 384% from the average daily volume of 22,318 shares. The stock had previously closed at C$0.09.
Acceleware Price Performance
The stock’s 50 day simple moving average is C$0.09 and its 200-day simple moving average is C$0.11. The stock has a market capitalization of C$10.53 million, a price-to-earnings ratio of 5.95 and a beta of 0.79. The company has a debt-to-equity ratio of -39.87, a current ratio of 0.18 and a quick ratio of 0.53.
Acceleware Company Profile
Acceleware Ltd. operates as an oil and gas technology company in Canada and the United States. The company operates through two segments, RF Heating and High-Performance Computing. It develops an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating; and develops and markets computational software products for the oil and gas, and other markets.
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