Enablence Technologies Inc. (CVE:ENA – Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as C$7.41 and last traded at C$5.20, with a volume of 14745 shares changing hands. The stock had previously closed at C$6.01.
Enablence Technologies Trading Down 21.8%
The firm has a fifty day simple moving average of C$3.21 and a 200 day simple moving average of C$2.34. The stock has a market cap of C$98.51 million, a price-to-earnings ratio of -3.95 and a beta of 1.01.
Enablence Technologies Company Profile
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. It also offers long delay lines, an optical component device used for laser locking, short-pulse lasers, and decoherence services. In addition, the company provides various customized design services.
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