Enablence Technologies (CVE:ENA) Reaches New 1-Year High – Here’s Why

Enablence Technologies Inc. (CVE:ENAGet Free Report)’s share price hit a new 52-week high on Friday . The company traded as high as C$2.00 and last traded at C$2.00, with a volume of 20804 shares traded. The stock had previously closed at C$1.65.

Enablence Technologies Stock Performance

The firm has a market capitalization of C$37.18 million, a PE ratio of -2.38 and a beta of 0.49. The firm’s 50 day moving average price is C$1.37 and its 200-day moving average price is C$1.42.

Enablence Technologies (CVE:ENAGet Free Report) last issued its quarterly earnings results on Monday, October 28th. The company reported C($0.35) earnings per share (EPS) for the quarter. The business had revenue of C$0.85 million during the quarter.

About Enablence Technologies

(Get Free Report)

Enablence Technologies Inc, together with its subsidiaries, designs, manufactures, and sells optical components in planar light wave circuits in Canada, China, and the United States. The company provides coarse wavelength division multiplexing optical demultiplexer and multiplexer, and LAN-wavelength division multiplexing, an optical component device.

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