Appulse (CVE:APL) Trading Down 7.3% – Should You Sell?

Appulse Co. (CVE:APL)’s stock price traded down 7.3% during mid-day trading on Wednesday . The company traded as low as C$0.19 and last traded at C$0.19. 46,500 shares changed hands during mid-day trading, an increase of 112% from the average session volume of 21,939 shares. The stock had previously closed at C$0.21.

Appulse Trading Down 7.3 %

The firm’s 50-day simple moving average is C$0.25 and its 200 day simple moving average is C$0.33. The firm has a market capitalization of C$2.81 million, a price-to-earnings ratio of -19.00 and a beta of 1.32. The company has a debt-to-equity ratio of 14.63, a current ratio of 90.52 and a quick ratio of 0.55.

About Appulse

Appulse Corporation, through its subsidiaries, sells new and refurbished centrifuge machines and parts in Canada, the United States, and internationally. The company is also involved in the rental of centrifuge equipment; and provision of maintenance services, consulting, and design advisory services to industries, as well as machining services for equipment repairs.