YANGAROO (CVE:YOO) Trading Down 14.3% – Here’s What Happened

YANGAROO Inc. (CVE:YOO) shares dropped 14.3% during mid-day trading on Friday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 531,000 shares changed hands during trading, an increase of 995% from the average daily volume of 48,478 shares. The stock had previously closed at C$0.04.

YANGAROO Stock Performance

The company’s 50 day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The stock has a market cap of C$1.87 million, a P/E ratio of -0.38 and a beta of 0.27. The company has a debt-to-equity ratio of 849.43, a quick ratio of 0.47 and a current ratio of 0.51.

YANGAROO Company Profile

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.