EnWave (CVE:ENW) Stock Price Down 4.3% – Here’s What Happened

EnWave Co. (CVE:ENW)’s stock price traded down 4.3% during trading on Monday . The company traded as low as C$0.21 and last traded at C$0.22. 272,446 shares were traded during mid-day trading, an increase of 533% from the average session volume of 43,052 shares. The stock had previously closed at C$0.23.

EnWave Stock Performance

The company has a debt-to-equity ratio of 19.23, a current ratio of 2.84 and a quick ratio of 1.63. The company has a market cap of C$24.38 million, a PE ratio of -11.00 and a beta of 1.31. The business has a fifty day simple moving average of C$0.23 and a two-hundred day simple moving average of C$0.23.

EnWave Company Profile

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.