Avcorp Industries (TSE:AVP) Shares Down 4.5%

Avcorp Industries Inc. (TSE:AVP)’s share price was down 4.5% during mid-day trading on Monday . The company traded as low as C$0.11 and last traded at C$0.11. Approximately 306,002 shares traded hands during mid-day trading, an increase of 355% from the average daily volume of 67,295 shares. The stock had previously closed at C$0.11.

Avcorp Industries Stock Performance

The stock has a market capitalization of C$38.95 million and a price-to-earnings ratio of -1.91. The business has a fifty day simple moving average of C$0.11.

Avcorp Industries Company Profile

Avcorp Industries Inc engages in the production and supply of airframe structures and aircraft parts to aircraft manufacturers in Canada, the United States, Europe, Asia, Australia, and internationally. It is also involved in the provision of metallic and composite aerostructures assembly and integration services; and aircraft structural component repair services, as well as designs, manufactures, and fabricates composite aerostructures, as well as aircraft product design and production tooling.