UGE International (CVE:UGE) Trading 0.5% Higher

Shares of UGE International Ltd. (CVE:UGE) traded up 0.5% during trading on Friday . The stock traded as high as C$2.00 and last traded at C$2.00. 38,400 shares were traded during trading, a decline of 27% from the average session volume of 52,904 shares. The stock had previously closed at C$1.99.

Analyst Ratings Changes

Separately, Cormark downgraded shares of UGE International from a “market perform” rating to a “tender” rating and boosted their price objective for the company from C$1.00 to C$2.00 in a research report on Thursday, May 30th.

UGE International Price Performance

The firm has a market capitalization of C$67.34 million, a price-to-earnings ratio of -3.17 and a beta of 1.01. The company has a quick ratio of 0.73, a current ratio of 0.24 and a debt-to-equity ratio of 1,211.57. The stock’s 50 day moving average price is C$1.98 and its two-hundred day moving average price is C$1.39.

About UGE International

UGE International Ltd. develops, builds, finances, owns, and operates commercial and community solar facilities in Canada, the United States, and the Philippines. It also provides energy storage services; and engineering and consulting services. The company was founded in 2008 and is headquartered in Toronto, Canada.