EnWave (CVE:ENW) Shares Down 2.2% – What’s Next?

EnWave Co. (CVE:ENWGet Free Report)’s stock price was down 2.2% during mid-day trading on Monday . The company traded as low as C$0.22 and last traded at C$0.22. 1,002 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 49,865 shares. The stock had previously closed at C$0.23.

EnWave Price Performance

The stock has a fifty day moving average of C$0.24 and a two-hundred day moving average of C$0.25. The company has a current ratio of 2.51, a quick ratio of 1.63 and a debt-to-equity ratio of 47.17. The stock has a market capitalization of C$26.12 million, a price-to-earnings ratio of -22.00 and a beta of 1.68.

About EnWave

(Get Free Report)

EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.

See Also

Receive News & Ratings for EnWave Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EnWave and related companies with MarketBeat.com's FREE daily email newsletter.