Uniserve Communications (CVE:USS) Stock Price Down 3.2% – Here’s Why

Uniserve Communications Co. (CVE:USS) was down 3.2% during mid-day trading on Tuesday . The company traded as low as C$0.61 and last traded at C$0.61. 69,500 shares changed hands during trading, an increase of 98% from the average session volume of 35,112 shares. The stock had previously closed at C$0.63.

Uniserve Communications Stock Performance

The company has a quick ratio of 1.07, a current ratio of 1.13 and a debt-to-equity ratio of 81.21. The company has a 50 day moving average of C$0.65 and a 200 day moving average of C$0.64. The firm has a market cap of C$24.36 million, a price-to-earnings ratio of -7.62 and a beta of 2.59.

About Uniserve Communications

Uniserve Communications Corporation provides Internet access, telecommunications, and commercial IT consulting services to residential, business, and enterprise customers primarily in British Columbia and Alberta. The company offers fiber, internet, and digital telephone plans. It also provides office in a box solution that provides hardware for computers and laptops, phones, various networking equipment, and productivity software; managed services, including managed IT, network, security, back up, and storage, as well as hardware as a service; and colocation, cyber security, and cloud services.