Route1 (CVE:ROI) Trading 18.2% Higher – Time to Buy?

Route1 Inc. (CVE:ROIGet Free Report)’s share price traded up 18.2% on Friday . The stock traded as high as C$0.07 and last traded at C$0.07. 142,400 shares were traded during mid-day trading, an increase of 300% from the average session volume of 35,558 shares. The stock had previously closed at C$0.06.

Route1 Price Performance

The company has a 50 day moving average of C$0.04 and a two-hundred day moving average of C$0.03. The firm has a market cap of C$2.76 million, a P/E ratio of -3.25 and a beta of -0.16. The company has a quick ratio of 0.44, a current ratio of 0.31 and a debt-to-equity ratio of 8,864.92.

About Route1

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Route1 Inc provides engineering and professional services using data capture technologies in the United States, Canada, and internationally. The company offers MobiKEY, a desktop secure remote access solution; DerivID, a credentials solution for PIV and CAC that validates the identity of mobile users; MobiNET aggregation gateway appliance; and DEFIMNET, a service delivery platform; and PocketValue P-3X, a secure storage token.

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