EnWave Co. (CVE:ENW – Get Free Report) traded up 9.1% during trading on Wednesday . The stock traded as high as C$0.30 and last traded at C$0.30. Approximately 125,660 shares traded hands during trading, an increase of 152% from the average daily volume of 49,886 shares. The stock had previously closed at C$0.28.
EnWave Price Performance
The business has a 50-day moving average price of C$0.25 and a two-hundred day moving average price of C$0.30. The company has a quick ratio of 1.63, a current ratio of 3.02 and a debt-to-equity ratio of 39.43. The company has a market capitalization of C$35.62 million, a price-to-earnings ratio of -15.00 and a beta of 1.74.
EnWave Company Profile
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.
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