EnWave (CVE:ENW) Stock Jumps 5% – Here’s What Happened

EnWave Co. (CVE:ENW – Get Free Report)’s stock price shot up 5% during mid-day trading on Tuesday. The company traded as high as C$0.21 and last traded at C$0.21. Approximately 4,750 shares traded hands during trading, a decline of 91% from the average daily volume of 51,296 shares. The stock had previously closed at C$0.20.

EnWave Price Performance

The business has a fifty day moving average of C$0.21 and a 200-day moving average of C$0.25. The firm has a market cap of C$24.93 million, a PE ratio of -21.00 and a beta of 1.81. The company has a current ratio of 2.51, a quick ratio of 1.63 and a debt-to-equity ratio of 47.17.

EnWave Company Profile

(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.