Acceleware (CVE:AXE) Trading Up 7.7% – Still a Buy?

Acceleware Ltd. (CVE:AXEGet Free Report)’s share price was up 7.7% on Monday . The stock traded as high as C$0.14 and last traded at C$0.14. Approximately 7,000 shares changed hands during trading, a decline of 72% from the average daily volume of 24,617 shares. The stock had previously closed at C$0.13.

Acceleware Stock Performance

The company has a debt-to-equity ratio of 16.42, a current ratio of 0.19 and a quick ratio of 0.53. The stock’s 50 day moving average is C$0.12 and its two-hundred day moving average is C$0.12. The firm has a market cap of C$13.03 million, a P/E ratio of -11.00 and a beta of 0.79.

Acceleware (CVE:AXEGet Free Report) last issued its quarterly earnings data on Friday, August 16th. The company reported C$0.01 earnings per share (EPS) for the quarter. The company had revenue of C$2.01 million for the quarter.

About Acceleware

(Get Free Report)

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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