Route1 (CVE:ROI) Shares Down 25% – Here’s Why

Route1 Inc. (CVE:ROIGet Free Report)’s share price was down 25% on Monday . The company traded as low as C$0.05 and last traded at C$0.05. Approximately 205,400 shares traded hands during mid-day trading, an increase of 729% from the average daily volume of 24,766 shares. The stock had previously closed at C$0.06.

Route1 Trading Up 12.5 %

The company has a current ratio of 0.31, a quick ratio of 0.44 and a debt-to-equity ratio of 8,864.92. The company’s fifty day moving average is C$0.05 and its 200-day moving average is C$0.03. The firm has a market capitalization of C$1.91 million, a P/E ratio of -2.25 and a beta of -0.16.

About Route1

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Route1 Inc provides engineering and professional services using data capture technologies in the United States, Canada, and internationally. The company offers MobiKEY, a desktop secure remote access solution; DerivID, a credentials solution for PIV and CAC that validates the identity of mobile users; MobiNET aggregation gateway appliance; and DEFIMNET, a service delivery platform; and PocketValue P-3X, a secure storage token.

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