Enablence Technologies (CVE:ENA) Sets New 12-Month High – What’s Next?

by · The Cerbat Gem

Enablence Technologies Inc. (CVE:ENA – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$2.71 and last traded at C$2.71, with a volume of 7216 shares trading hands. The stock had previously closed at C$2.33.

Enablence Technologies Stock Performance

The stock has a 50 day moving average price of C$1.61 and a 200 day moving average price of C$1.38. The company has a market capitalization of C$46.98 million, a P/E ratio of -2.36 and a beta of 2.11.

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. It also offers long delay lines, an optical component device used for laser locking, short-pulse lasers, and decoherence services. In addition, the company provides various customized design services.

See Also