Route1 (CVE:ROI) Stock Price Down 28.6% – Here’s What Happened
by Jessica Moore · The Cerbat GemRoute1 Inc. (CVE:ROI – Get Free Report)’s share price traded down 28.6% during trading on Tuesday . The company traded as low as C$0.10 and last traded at C$0.10. Approximately 119,000 shares were traded during trading, an increase of 23% from the average daily volume of 96,375 shares. The stock had previously closed at C$0.14.
Route1 Trading Down 17.9%
The company’s fifty day moving average is C$0.14 and its two-hundred day moving average is C$0.10. The stock has a market cap of C$5.39 million, a price-to-earnings ratio of -11.50 and a beta of 2.42. The company has a quick ratio of 0.44, a current ratio of 0.31 and a debt-to-equity ratio of 8,864.92.
About Route1
Route1 Inc provides engineering and professional services using data capture technologies in the United States, Canada, and internationally. 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; and PocketValue P-3X, a secure storage token. It also provides surveillance and video intelligence products, such as Omnicast, a monitoring and data analysis platform; Stratocast, a real-time video intelligence solution; body-worn cameras; in-car videos; Synergis Access Control, an open system that connects to a large selection of third-party access control devices; and automatic license plate recognition solutions, including Genetec Autovu and MobiLPR.