Shares of EnWave Co. (CVE:ENW – Get Free Report) fell 2.2% during mid-day trading on Monday . The company traded as low as C$0.22 and last traded at C$0.22. Approximately 1,002 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 49,865 shares. The stock had previously closed at C$0.23.
EnWave Stock Down 2.2%
The stock has a market capitalization of C$26.12 million, a price-to-earnings ratio of -22.00 and a beta of 1.68. The firm has a 50-day moving average of C$0.24 and a 200 day moving average of C$0.25. The company has a current ratio of 2.51, a quick ratio of 1.63 and a debt-to-equity ratio of 47.17.
EnWave Company Profile
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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