Uniserve Communications (CVE:USS) Stock Price Up 8.3% – Here’s What Happened

Uniserve Communications Co. (CVE:USS)’s stock price shot up 8.3% on Wednesday . The company traded as high as C$0.26 and last traded at C$0.26. 2,000 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 22,236 shares. The stock had previously closed at C$0.24.

Uniserve Communications Stock Performance

The company has a debt-to-equity ratio of 81.21, a current ratio of 1.13 and a quick ratio of 1.07. The firm has a market capitalization of C$20.13 million, a PE ratio of 2.00 and a beta of 2.14. The stock has a 50-day moving average price of C$0.29 and a 200-day moving average price of C$0.20.

About Uniserve Communications

Uniserve Communications Corporation provides Internet access, telecommunications, and commercial IT consulting services to residential, business, and enterprise customers primarily in British Columbia and Alberta. The company offers fiber, internet, and digital telephone plans. It also provides office in a box solution that provides hardware for computers and laptops, phones, various networking equipment, and productivity software; managed services, including managed IT, network, security, back up, and storage, as well as hardware as a service; and colocation, cyber security, and cloud services.