RediShred Capital (CVE:KUT) Trading Up 0.2% – What’s Next?

RediShred Capital Corp. (CVE:KUT)’s stock price rose 0.2% during mid-day trading on Tuesday . The company traded as high as C$4.96 and last traded at C$4.96. Approximately 990 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 40,833 shares. The stock had previously closed at C$4.95.

RediShred Capital Trading Up 0.2%

The company has a debt-to-equity ratio of 76.26, a current ratio of 0.45 and a quick ratio of 1.33. The company has a market cap of C$91.31 million, a price-to-earnings ratio of 129.73 and a beta of 1.34. The business has a 50 day simple moving average of C$4.96 and a 200 day simple moving average of C$4.96.

RediShred Capital Company Profile

RediShred Capital Corp., together with its subsidiaries, operates the Proshred franchise and license business in the United States. The company operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. It grants and manages shredding business franchises under the Proshred brand, as well as operates corporate shredding locations. The company also provides shredding and destruction services; offers electronic waste disposal services under the Secure e-Cycle brand name; sells recycled paper and other recyclable by-products, such as metals and plastics; and resells electronics.