EnWave Co. (CVE:ENW – Get Free Report)’s stock price shot up 8% on Friday . The stock traded as high as C$0.27 and last traded at C$0.27. 10,000 shares changed hands during mid-day trading, a decline of 76% from the average session volume of 41,485 shares. The stock had previously closed at C$0.25.
EnWave Stock Up 8.0 %
The company has a market cap of C$29.92 million, a P/E ratio of -13.50 and a beta of 1.31. The firm’s 50 day moving average price is C$0.23 and its two-hundred day moving average price is C$0.24. The company has a debt-to-equity ratio of 19.23, a quick ratio of 1.63 and a current ratio of 2.84.
About EnWave
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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