Route1 (CVE:ROI) Hits New 12-Month High – What’s Next?

Route1 Inc. (CVE:ROIGet Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$0.15 and last traded at C$0.14, with a volume of 25500 shares trading hands. The stock had previously closed at C$0.10.

Route1 Price Performance

The stock has a market cap of C$6.80 million, a P/E ratio of -14.50 and a beta of 2.39. The company’s 50 day moving average price is C$0.12 and its 200-day moving average price is C$0.09. 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. It also provides surveillance and video intelligence products, such as Omnicast, a monitoring and data analysis platform; Stratocast, a real-time video intelligence solution; body-worn cameras; in-car videos; Synergis Access Control, an open system that connects to a large selection of third-party access control devices; and automatic license plate recognition solutions, including Genetec Autovu and MobiLPR.

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