Uniserve Communications (CVE:USS) Shares Up 9.4% – What’s Next?

Uniserve Communications Co. (CVE:USS)’s share price rose 9.4% on Wednesday . The company traded as high as C$0.18 and last traded at C$0.18. Approximately 1,000 shares changed hands during mid-day trading, a decline of 98% from the average daily volume of 56,149 shares. The stock had previously closed at C$0.16.

Uniserve Communications Trading Up 9.4 %

The company has a debt-to-equity ratio of 81.21, a quick ratio of 1.07 and a current ratio of 1.13. The stock has a market capitalization of C$14.09 million, a PE ratio of 2.00 and a beta of 2.14. The company has a 50 day moving average of C$0.07 and a two-hundred day moving average of C$0.04.

Insider Buying and Selling

In other news, insider Michael Curt Scholz acquired 1,726,000 shares of the business’s stock in a transaction dated Wednesday, November 6th. The shares were acquired at an average cost of C$0.08 per share, with a total value of C$129,450.00. 62.04% of the stock is owned by company insiders.

Uniserve Communications Company Profile

Uniserve Communications Corporation provides Internet access, telecommunications, and commercial IT consulting services to residential, business, and enterprise customers primarily in British Columbia and Alberta. The company offers fiber, internet, and digital telephone plans. It also provides office in a box solution that provides hardware for computers and laptops, phones, various networking equipment, and productivity software; managed services, including managed IT, network, security, back up, and storage, as well as hardware as a service; and colocation, cyber security, and cloud services.