Acceleware Ltd. (CVE:AXE – Get Free Report)’s share price was down 8.3% during mid-day trading on Friday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 10,050 shares changed hands during trading, an increase of 82% from the average daily volume of 5,525 shares. The stock had previously closed at C$0.12.
Acceleware Trading Down 8.3 %
The business’s 50-day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.12. The company has a current ratio of 0.19, a quick ratio of 0.53 and a debt-to-equity ratio of 16.42. The company has a market capitalization of C$13.03 million, a PE ratio of -11.00 and a beta of 0.79.
About Acceleware
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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