YANGAROO (CVE:YOO) Shares Up 50% – Here’s Why

YANGAROO Inc. (CVE:YOOGet Free Report) was up 50% on Thursday . The company traded as high as C$0.16 and last traded at C$0.12. Approximately 377,450 shares traded hands during mid-day trading, an increase of 252% from the average daily volume of 107,214 shares. The stock had previously closed at C$0.08.

YANGAROO Stock Up 50.0%

The firm’s 50 day moving average price is C$0.05 and its two-hundred day moving average price is C$0.04. The firm has a market capitalization of C$5.27 million, a PE ratio of -1.41 and a beta of 0.27. The company has a quick ratio of 0.47, a current ratio of 0.50 and a debt-to-equity ratio of 550.54.

YANGAROO Company Profile

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YANGAROO Inc, a software company, provides workflow management solutions for the media and entertainment industries in Canada and the United States. It operates and offers Digital Media Distribution System (DMDS) platform, a cloud-based technology that provides an integrated workflow and broadcaster connected managed network for digital content delivery and related data management in the advertising, music, and entertainment award show markets.

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