YANGAROO (CVE:YOO) Trading 50% Higher – Here’s Why

YANGAROO Inc. (CVE:YOOGet Free Report) was up 50% on Thursday . The company traded as high as C$0.05 and last traded at C$0.05. Approximately 309,814 shares were traded during trading, an increase of 933% from the average daily volume of 29,991 shares. The stock had previously closed at C$0.03.

YANGAROO Stock Performance

The company has a market capitalization of C$2.86 million, a price-to-earnings ratio of 4.50 and a beta of 1.89. The stock has a 50-day moving average price of C$0.03 and a 200-day moving average price of C$0.04. The company has a debt-to-equity ratio of 139.86, a current ratio of 0.58 and a quick ratio of 0.47.

YANGAROO Company Profile

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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.

Further Reading

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