Avante (CVE:XX) Reaches New 52-Week High – Here’s Why

Avante Corp. (CVE:XXGet Free Report) reached a new 52-week high on Tuesday . The stock traded as high as C$0.95 and last traded at C$0.88, with a volume of 70550 shares. The stock had previously closed at C$0.86.

Avante Stock Up 10.5 %

The company has a quick ratio of 2.77, a current ratio of 1.72 and a debt-to-equity ratio of 10.80. The company has a market cap of C$25.31 million, a P/E ratio of -7.17 and a beta of 1.71. The firm has a fifty day moving average price of C$0.76 and a 200 day moving average price of C$0.77.

Avante (CVE:XXGet Free Report) last announced its quarterly earnings data on Tuesday, July 30th. The company reported C($0.11) earnings per share for the quarter. Avante had a negative return on equity of 21.62% and a negative net margin of 11.76%. The firm had revenue of C$7.26 million for the quarter. Equities research analysts forecast that Avante Corp. will post 0.0054778 earnings per share for the current year.

About Avante

(Get Free Report)

Avante Corp. develops security technologies, products, and solutions in Canada, the United States, Israel, Egypt, Italy, Kuwait, the United Kingdom, and internationally. The company provides system design, sales, installations, and monitoring services, including alarm response and patrols, personal protection, house staff training, and secure transportation.

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