Acceleware (CVE:AXE) Trading Up 18.8% – What’s Next?

Acceleware Ltd. (CVE:AXE) was up 18.8% during trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 122,359 shares traded hands during trading, an increase of 283% from the average daily volume of 31,970 shares. The stock had previously closed at C$0.08.

Acceleware Stock Up 18.8%

The company has a debt-to-equity ratio of -39.87, a current ratio of 0.18 and a quick ratio of 0.53. The company has a fifty day moving average price of C$0.08 and a 200 day moving average price of C$0.09. The company has a market cap of C$12.39 million, a PE ratio of 9.50 and a beta of -0.57.

Acceleware Company Profile

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.