Acceleware Ltd. (CVE:AXE – Get Free Report) was up 70.6% during trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 194,612 shares changed hands during mid-day trading, an increase of 673% from the average daily volume of 25,160 shares. The stock had previously closed at C$0.09.
Acceleware Trading Up 76.5 %
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 business’s 50-day simple moving average is C$0.12 and its two-hundred day simple moving average is C$0.12. The stock has a market capitalization of C$17.77 million, a price-to-earnings ratio of -15.00 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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