Route1 (CVE:ROI) Stock Price Down 26.7% – Here’s What Happened
by Renee Jackson · The Cerbat GemRoute1 Inc. (CVE:ROI – Get Free Report)’s share price fell 26.7% during mid-day trading on Monday . The stock traded as low as C$0.06 and last traded at C$0.06. 115,000 shares traded hands during trading, an increase of 153% from the average session volume of 45,500 shares. The stock had previously closed at C$0.08.
Route1 Stock Performance
The stock has a market capitalization of C$2.34 million, a PE ratio of -3.50 and a beta of 0.64. The firm’s fifty day moving average price is C$0.07 and its two-hundred day moving average price is C$0.07. The company has a current ratio of 0.31, a quick ratio of 0.44 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.