Shares of EnWave Co. (CVE:ENW – Get Free Report) rose 2.2% on Wednesday . The company traded as high as C$0.24 and last traded at C$0.24. Approximately 48,510 shares changed hands during trading, a decline of 5% from the average daily volume of 51,002 shares. The stock had previously closed at C$0.23.
EnWave Price Performance
The stock has a fifty day moving average of C$0.25 and a two-hundred day moving average of C$0.31. The stock has a market cap of C$27.90 million, a price-to-earnings ratio of -11.75 and a beta of 1.77. The company has a quick ratio of 1.63, a current ratio of 3.02 and a debt-to-equity ratio of 39.43.
About EnWave
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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