Uniserve Communications (CVE:USS) Shares Up 6.9% – Time to Buy?

Shares of Uniserve Communications Co. (CVE:USS) shot up 6.9% on Wednesday . The company traded as high as C$0.31 and last traded at C$0.31. 11,500 shares were traded during trading, a decline of 56% from the average session volume of 25,938 shares. The stock had previously closed at C$0.29.

Uniserve Communications Stock Performance

The company has a 50-day moving average price of C$0.28 and a two-hundred day moving average price of C$0.17. The stock has a market capitalization of C$24.96 million, a P/E ratio of 2.00 and a beta of 2.14. The company has a quick ratio of 1.07, a current ratio of 1.13 and a debt-to-equity ratio of 81.21.

Uniserve Communications Company Profile

Uniserve Communications Corporation provides Internet access, telecommunications, and commercial IT consulting services to residential, business, and enterprise customers primarily in British Columbia and Alberta. The company offers fiber, internet, and digital telephone plans. It also provides office in a box solution that provides hardware for computers and laptops, phones, various networking equipment, and productivity software; managed services, including managed IT, network, security, back up, and storage, as well as hardware as a service; and colocation, cyber security, and cloud services.