EnWave (CVE:ENW) Stock Price Down 1.8%

EnWave Co. (CVE:ENW)’s stock price dropped 1.8% on Wednesday . The stock traded as low as C$0.26 and last traded at C$0.27. Approximately 17,000 shares changed hands during mid-day trading, a decline of 58% from the average daily volume of 40,004 shares. The stock had previously closed at C$0.28.

EnWave Stock Down 3.8 %

The firm’s fifty day simple moving average is C$0.28 and its two-hundred day simple moving average is C$0.30. The company has a market capitalization of C$27.70 million, a price-to-earnings ratio of -25.00 and a beta of 1.29. The company has a current ratio of 3.88, a quick ratio of 1.63 and a debt-to-equity ratio of 12.28.

EnWave (CVE:ENW) last released its quarterly earnings results on Thursday, February 22nd. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$1.26 million during the quarter. EnWave had a negative net margin of 58.72% and a negative return on equity of 15.18%. Sell-side analysts anticipate that EnWave Co. will post 0.001708 EPS for the current year.

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.