Valens GroWorks Corp. (CVE:VGW)’s share price fell 1.3% during mid-day trading on Monday . The company traded as low as C$3.05 and last traded at C$3.06, 92,934 shares were traded during trading. A decline of 85% from the average session volume of 640,746 shares. The stock had previously closed at C$3.10.
Separately, Desjardins reaffirmed a “buy” rating on shares of Valens GroWorks in a report on Wednesday, November 6th.
The company has a market cap of $361.59 million and a PE ratio of -16.13. The stock has a fifty day moving average price of C$3.11.
Valens GroWorks (CVE:VGW) last announced its earnings results on Tuesday, October 15th. The company reported C$0.05 EPS for the quarter, topping the consensus estimate of C$0.02 by C$0.03. The firm had revenue of C$16.46 million during the quarter, compared to analyst estimates of C$16.45 million. As a group, equities analysts expect that Valens GroWorks Corp. will post 0.43 earnings per share for the current fiscal year.
Further Reading: How is a management fee different from a performance fee?
Receive News & Ratings for Valens GroWorks Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Valens GroWorks and related companies with MarketBeat.com's FREE daily email newsletter.