Uniserve Communications (CVE:USS) Trading 14.3% Higher – What’s Next?

Shares of Uniserve Communications Co. (CVE:USS) traded up 14.3% on Thursday . The company traded as high as C$0.24 and last traded at C$0.24. 11,376 shares changed hands during trading, an increase of 55% from the average session volume of 7,348 shares. The stock had previously closed at C$0.21.

Uniserve Communications Trading Up 14.3 %

The business has a fifty day simple moving average of C$0.16 and a 200-day simple moving average of C$0.08. The firm has a market cap of C$19.32 million, a price-to-earnings ratio of 2.00 and a beta of 2.14. The company has a debt-to-equity ratio of 81.21, a quick ratio of 1.07 and a current ratio of 1.13.

Insider Activity

In related news, insider Michael Curt Scholz acquired 1,726,000 shares of the firm’s stock in a transaction that occurred on 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. 62.04% of the stock is currently owned by insiders.

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.