Circa Enterprises (CVE:CTO) Shares Pass Below 50-Day Moving Average – Here’s Why

Circa Enterprises Inc. (CVE:CTOGet Free Report)’s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$2.08 and traded as low as C$2.08. Circa Enterprises shares last traded at C$2.08, with a volume of 3,800 shares trading hands.

Circa Enterprises Stock Down 0.5%

The stock has a 50 day simple moving average of C$2.08 and a 200-day simple moving average of C$2.08. The firm has a market cap of C$21.30 million, a PE ratio of 22.22 and a beta of 1.36. The company has a debt-to-equity ratio of 46.72, a current ratio of 2.10 and a quick ratio of 0.77.

About Circa Enterprises

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Circa Enterprises Inc manufactures and supplies telecommunications and electrical products in the United States, Canada, and internationally. It operates in two segments, Telecommunications (Telecom) and Metal Fabrication (Metals). The Telecom segment offers surge protection products, ruggedized high-performance telecommunications equipment, and cables and connectivity products under the CircaMax brand; and designs, manufactures, supplies, and sells intelligent device monitoring and alarm management solutions.

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