Acceleware (CVE:AXE) Stock Price Up 70.6% – What’s Next?

Acceleware Ltd. (CVE:AXEGet Free Report)’s stock price was up 70.6% during trading on Thursday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 194,612 shares were traded during trading, an increase of 673% from the average daily volume of 25,160 shares. The stock had previously closed at C$0.09.

Acceleware Stock Performance

The company has a debt-to-equity ratio of 16.42, a quick ratio of 0.53 and a current ratio of 0.19. The stock has a 50 day moving average of C$0.12 and a 200 day moving average of C$0.12. The stock has a market capitalization of C$17.77 million, a P/E ratio of -15.00 and a beta of 0.79.

About Acceleware

(Get Free Report)

Acceleware Ltd. operates as an oil and gas technology company in Canada and the United States. The company operates through two segments, RF Heating and High-Performance Computing. It develops an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating; and develops and markets computational software products for the oil and gas, and other markets.

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