Enablence Technologies (CVE:ENA) Shares Down 16% – Here’s Why

Enablence Technologies Inc. (CVE:ENAGet Free Report)’s stock price fell 16% on Friday . The stock traded as low as C$1.26 and last traded at C$1.26. 100 shares were traded during mid-day trading, a decline of 96% from the average session volume of 2,841 shares. The stock had previously closed at C$1.50.

Enablence Technologies Trading Down 16.0 %

The company’s 50 day moving average price is C$1.64 and its two-hundred day moving average price is C$1.45. The stock has a market cap of C$23.42 million, a P/E ratio of -1.50 and a beta of 0.49.

Enablence Technologies Company Profile

(Get Free Report)

Enablence Technologies Inc, together with its subsidiaries, designs, manufactures, and sells optical components in planar light wave circuits in Canada, China, and the United States. The company provides coarse wavelength division multiplexing optical demultiplexer and multiplexer, and LAN-wavelength division multiplexing, an optical component device.

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