YANGAROO (CVE:YOO) Trading 22.2% Higher – Still a Buy?

YANGAROO Inc. (CVE:YOOGet Free Report)’s stock price traded up 22.2% during mid-day trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. 198,538 shares traded hands during mid-day trading, an increase of 292% from the average daily volume of 50,708 shares. The stock had previously closed at C$0.04.

YANGAROO Price Performance

The firm has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.04. The company has a market capitalization of C$3.50 million, a PE ratio of 5.50 and a beta of 1.91. The company has a debt-to-equity ratio of 141.94, a quick ratio of 0.47 and a current ratio of 0.58.

About YANGAROO

(Get Free Report)

YANGAROO Inc, a software company, provides workflow management solutions for the media and entertainment industries in Canada and the United States. It operates and offers Digital Media Distribution System (DMDS) platform, a cloud-based technology that provides an integrated workflow and broadcaster connected managed network for digital content delivery and related data management in the advertising, music, and entertainment award show markets. The company was formerly known as Musicrypt.com Inc and changed its name to YANGAROO Inc in July 2007.

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