Uniserve Communications (CVE:USS) Stock Price Up 15.2% – Time to Buy?

Uniserve Communications Co. (CVE:USS)’s stock price traded up 15.2% during mid-day trading on Wednesday . The company traded as high as C$0.19 and last traded at C$0.19. 6,271 shares were traded during trading, a decline of 88% from the average session volume of 52,192 shares. The stock had previously closed at C$0.17.

Uniserve Communications Stock Performance

The company has a debt-to-equity ratio of 81.21, a quick ratio of 1.07 and a current ratio of 1.13. The stock has a 50 day moving average of C$0.11 and a 200 day moving average of C$0.06. The stock has a market capitalization of C$15.30 million, a P/E ratio of 2.00 and a beta of 2.14.

Insider Transactions at Uniserve Communications

In related news, insider Michael Curt Scholz acquired 1,726,000 shares of the firm’s stock in a transaction dated Wednesday, November 6th. The stock was acquired at an average cost of C$0.08 per share, for a total transaction of C$129,450.00. Insiders own 62.04% of the company’s stock.

About Uniserve Communications

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.