Grande West Transportation Group (CVE:BUS) Shares Down 2.4% – What’s Next?

Grande West Transportation Group Inc (CVE:BUS)’s share price traded down 2.4% during mid-day trading on Monday . The stock traded as low as C$2.37 and last traded at C$2.42. 430,368 shares were traded during mid-day trading, a decline of 46% from the average session volume of 800,426 shares. The stock had previously closed at C$2.48.

Grande West Transportation Group Price Performance

The company’s fifty day moving average is C$2.42 and its two-hundred day moving average is C$2.42. The company has a debt-to-equity ratio of 55.32, a quick ratio of 0.38 and a current ratio of 1.59. The firm has a market cap of C$70.88 million and a price-to-earnings ratio of -31.84.

Grande West Transportation Group Company Profile

Grande West Transportation Group Inc designs, engineers, manufactures, and sells Vicinity branded mid-size multi-purpose transit vehicles for public and commercial enterprises in the United States and Canada. It offers buses in clean diesel, gas, and CNG drive systems; and also produces and sells spare parts. The company was founded in 2008 and is headquartered in Aldergrove, Canada.