Route1 (CVE:ROI) Trading Down 33.3%

Route1 Inc. (CVE:ROI) shares dropped 33.3% on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 463,300 shares changed hands during mid-day trading, an increase of 447% from the average daily volume of 84,644 shares. The stock had previously closed at C$0.03.

Route1 Trading Down 20.0 %

The firm has a market cap of C$850,000.00, a PE ratio of -0.83 and a beta of -0.15. The company has a quick ratio of 0.44, a current ratio of 0.38 and a debt-to-equity ratio of 790.70. The stock’s fifty day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.04.

Route1 (CVE:ROI) last announced its quarterly earnings data on Wednesday, April 24th. The company reported C($0.01) earnings per share for the quarter. The business had revenue of C$4.30 million during the quarter. Route1 had a negative return on equity of 109.19% and a negative net margin of 7.30%. On average, sell-side analysts forecast that Route1 Inc. will post 0.01 EPS for the current fiscal year.

About Route1

Route1 Inc provides data security and user authentication, data acquisition and analytics, data visualization technology solutions in the United States and Canada. The company offers MobiKEY, a desktop secure remote access solution; DerivID, a credentials solution for PIV and CAC that validates the identity of mobile users; MobiNET aggregation gateway appliance; and DEFIMNET, a service delivery platform.