Enablence Technologies (CVE:ENA) Shares Down 12%

Enablence Technologies Inc. (CVE:ENAGet Free Report) shares traded down 12% during mid-day trading on Friday . The company traded as low as C$1.54 and last traded at C$1.54. 1,186 shares changed hands during trading, a decline of 80% from the average session volume of 6,051 shares. The stock had previously closed at C$1.75.

Enablence Technologies Trading Down 12.0 %

The business’s fifty day moving average price is C$1.35 and its 200 day moving average price is C$1.04. The firm has a market capitalization of C$28.63 million, a price-to-earnings ratio of -2.33 and a beta of 0.17.

Enablence Technologies (CVE:ENAGet Free Report) last posted its quarterly earnings data on Friday, May 24th. The company reported C($0.22) EPS for the quarter. The business had revenue of C$0.56 million for the quarter.

About Enablence Technologies

(Get Free Report)

Enablence Technologies Inc, together with its subsidiaries, designs, manufactures, and sells optical components in planar light wave circuits in Canada, China, and the United States. The company provides coarse wavelength division multiplexing optical demultiplexer and multiplexer, and LAN-wavelength division multiplexing, an optical component device.

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