EnWave Co. (CVE:ENW – Get Free Report)’s share price shot up 13% during mid-day trading on Friday . The stock traded as high as C$0.27 and last traded at C$0.26. 127,178 shares changed hands during trading, an increase of 151% from the average session volume of 50,623 shares. The stock had previously closed at C$0.23.
EnWave Stock Performance
The stock has a market capitalization of C$27.30 million, a price-to-earnings ratio of -23.00 and a beta of 1.57. The company’s 50-day moving average is C$0.27 and its 200-day moving average is C$0.33. The company has a quick ratio of 1.63, a current ratio of 3.48 and a debt-to-equity ratio of 46.59.
About EnWave
EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.
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