Daniel Argiros Buys 23,000 Shares of Avante Corp. (CVE:XX) Stock

Avante Corp. (CVE:XX) Director Daniel Argiros acquired 23,000 shares of the firm’s stock in a transaction on Thursday, August 15th. The stock was bought at an average price of C$0.70 per share, for a total transaction of C$16,100.00.

Avante Stock Performance

Shares of XX stock traded up C$0.05 during midday trading on Tuesday, hitting C$0.75. 42,000 shares of the company were exchanged, compared to its average volume of 19,807. Avante Corp. has a 52 week low of C$0.62 and a 52 week high of C$0.99. The firm has a market capitalization of C$19.98 million, a P/E ratio of -6.36 and a beta of 1.69. The firm’s 50 day moving average price is C$0.71 and its two-hundred day moving average price is C$0.78. The company has a debt-to-equity ratio of 10.88, a quick ratio of 2.77 and a current ratio of 1.73.

Avante (CVE:XX) last issued its quarterly earnings data on Tuesday, July 30th. The company reported C($0.11) earnings per share (EPS) for the quarter. Avante had a negative return on equity of 20.14% and a negative net margin of 12.14%. The company had revenue of C$7.26 million for the quarter. As a group, equities research analysts anticipate that Avante Corp. will post 0.0041579 earnings per share for the current year.

About Avante

Avante Corp. develops security technologies, products, and solutions in Canada, the United States, Israel, Egypt, Italy, Kuwait, the United Kingdom, and internationally. The company provides system design, sales, installations, and monitoring services, including alarm response and patrols, personal protection, house staff training, and secure transportation.