YANGAROO (CVE:YOO) Trading Up 50% – Here’s What Happened

YANGAROO Inc. (CVE:YOOGet Free Report)’s stock price rose 50% during mid-day trading on Wednesday . The stock traded as high as C$0.16 and last traded at C$0.12. Approximately 377,450 shares changed hands during trading, an increase of 252% from the average daily volume of 107,214 shares. The stock had previously closed at C$0.08.

YANGAROO Stock Performance

The firm has a fifty day simple moving average of C$0.05 and a 200-day simple moving average of C$0.04. The company has a current ratio of 0.50, a quick ratio of 0.47 and a debt-to-equity ratio of 550.54. The stock has a market cap of C$5.27 million, a price-to-earnings ratio of -1.41 and a beta of 0.27.

About YANGAROO

(Get Free Report)

YANGAROO Inc, a software company, provides workflow management solutions for the media and entertainment industries in Canada and the United States. It operates and offers Digital Media Distribution System (DMDS) platform, a cloud-based technology that provides an integrated workflow and broadcaster connected managed network for digital content delivery and related data management in the advertising, music, and entertainment award show markets.

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