YANGAROO (CVE:YOO) Reaches New 12-Month High – Should You Buy?

YANGAROO Inc. (CVE:YOO – Get Free Report) hit a new 52-week high on Thursday. The company traded as high as C$0.11 and last traded at C$0.10, with a volume of 56,050 shares traded. The stock had previously closed at C$0.10.

YANGAROO Stock Up 5.3%

The company has a current ratio of 0.72, a quick ratio of 0.47 and a debt-to-equity ratio of 114.83. The firm’s fifty day moving average price is C$0.08 and its 200-day moving average price is C$0.05. The company has a market cap of C$6.36 million, a price-to-earnings ratio of 3.33 and a beta of 2.03.

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.

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