Acceleware (CVE:AXE) Trading 8.3% Higher – Time to Buy?

Acceleware Ltd. (CVE:AXEGet Free Report)’s share price shot up 8.3% during trading on Monday . The company traded as high as C$0.13 and last traded at C$0.13. 18,846 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 24,377 shares. The stock had previously closed at C$0.12.

Acceleware Stock Down 3.8 %

The stock has a fifty day moving average price of C$0.12 and a 200 day moving average price of C$0.12. The company has a debt-to-equity ratio of 16.42, a current ratio of 0.19 and a quick ratio of 0.53. The stock has a market capitalization of C$14.81 million, a P/E ratio of -12.50 and a beta of 0.79.

Acceleware (CVE:AXEGet Free Report) last issued its quarterly earnings data on Friday, August 16th. The company reported C$0.01 earnings per share (EPS) for the quarter. The business had revenue of C$2.01 million during the quarter.

Acceleware Company Profile

(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.

Further Reading

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