Grande West Transportation Group (CVE:BUS) Stock Price Down 2.4% – What’s Next?

Grande West Transportation Group Inc (CVE:BUS)’s share price fell 2.4% during mid-day trading on Tuesday. The company traded as low as C$2.37 and last traded at C$2.42. 430,368 shares changed hands during mid-day trading, a decline of 46% from the average daily volume of 800,426 shares. The stock had previously closed at C$2.48.

Grande West Transportation Group Price Performance

The company has a current ratio of 1.59, a quick ratio of 0.38 and a debt-to-equity ratio of 55.32. The company has a 50 day simple moving average of C$2.42 and a 200 day simple moving average of C$2.42. The stock has a market cap of C$70.88 million and a P/E ratio of -31.84.

About Grande West Transportation Group

Grande West Transportation Group Inc. designs, engineers, manufactures, and sells Vicinity branded mid-size multi-purpose transit vehicles for public and commercial enterprises in the United States and Canada. It offers buses in clean diesel, gas, and CNG drive systems; and also produces and sells spare parts. The company was founded in 2008 and is headquartered in Aldergrove, Canada.