Shares of Enablence Technologies Inc. (CVE:ENA – Get Free Report) shot up 20% during mid-day trading on Wednesday . The stock traded as high as C$1.50 and last traded at C$1.50. 838 shares traded hands during mid-day trading, an increase of 79% from the average session volume of 469 shares. The stock had previously closed at C$1.25.
Enablence Technologies Price Performance
The company has a 50 day moving average price of C$1.34 and a 200 day moving average price of C$1.41. The firm has a market cap of C$27.89 million, a PE ratio of -1.79 and a beta of 0.49.
Enablence Technologies (CVE:ENA – Get Free Report) last announced its quarterly earnings results on Monday, October 28th. The company reported C($0.35) earnings per share (EPS) for the quarter. The firm had revenue of C$0.85 million for the quarter.
About Enablence Technologies
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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