EnWave (OTCMKTS:NWVCF) Trading 7% Higher – Still a Buy?

EnWave Co. (OTCMKTS:NWVCFGet Free Report) shares rose 7% during mid-day trading on Wednesday . The stock traded as high as $0.17 and last traded at $0.17. Approximately 22,231 shares changed hands during trading, a decline of 19% from the average daily volume of 27,595 shares. The stock had previously closed at $0.16.

EnWave Price Performance

The stock has a 50 day simple moving average of $0.17 and a 200 day simple moving average of $0.16.

EnWave Company Profile

(Get Free Report)

EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.

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