Enablence Technologies Inc. (CVE:ENA – Get Free Report)’s stock price fell 2.9% during trading on Friday. The company traded as low as C$8.05 and last traded at C$8.34. Approximately 863 shares were traded during trading, a decline of 91% from the average session volume of 9,108 shares. The stock had previously closed at C$8.59.
Enablence Technologies Price Performance
The company has a market capitalization of C$175.74 million, a P/E ratio of -7.19 and a beta of 1.05. The stock’s 50 day simple moving average is C$6.55 and its two-hundred day simple moving average is C$6.33.
About Enablence Technologies
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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