Enablence Technologies Inc. (CVE:ENA – Get Free Report)’s stock price dropped 16% during trading on Friday . The company traded as low as C$1.26 and last traded at C$1.26. Approximately 100 shares traded hands during trading, a decline of 96% from the average daily volume of 2,841 shares. The stock had previously closed at C$1.50.
Enablence Technologies Stock Down 16.0 %
The company’s 50 day simple moving average is C$1.64 and its two-hundred day simple moving average is C$1.45. The company has a market capitalization of C$23.42 million, a price-to-earnings ratio of -1.50 and a beta of 0.49.
Enablence Technologies Company Profile
Enablence Technologies Inc, together with its subsidiaries, designs, manufactures, and sells optical components in planar light wave circuits in Canada, China, and the United States. The company provides coarse wavelength division multiplexing optical demultiplexer and multiplexer, and LAN-wavelength division multiplexing, an optical component device.
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