China Education Resources (CVE:CHN) Shares Up 83.3%

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Shares of China Education Resources Inc. (CVE:CHN) were up 83.3% during mid-day trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.06, approximately 445,000 shares traded hands during trading. An increase of 528% from the average daily volume of 70,849 shares. The stock had previously closed at C$0.03.

The company has a debt-to-equity ratio of 209.82, a current ratio of 1.10 and a quick ratio of 1.05. The company has a market cap of $1.90 million and a price-to-earnings ratio of -2.39. The firm has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.05.

About China Education Resources (CVE:CHN)

China Education Resources Inc provides education resources and services for students, teachers, parents, and school administrators primarily in the People's Republic of China. It operates an education services portal, cersp.com that provides educational content, resources, and training programs to users.

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