EnWave (CVE:ENW) Trading Down 4.3% – Time to Sell?

by · The Cerbat Gem

EnWave Co. (CVE:ENW – Get Free Report)’s stock price fell 4.3% during mid-day trading on Monday . The stock traded as low as C$0.21 and last traded at C$0.22. 272,446 shares traded hands during mid-day trading, an increase of 533% from the average session volume of 43,052 shares. The stock had previously closed at C$0.23.

EnWave Price Performance

The stock has a fifty day moving average of C$0.23 and a 200 day moving average of C$0.23. The stock has a market cap of C$24.38 million, a price-to-earnings ratio of -11.00 and a beta of 1.31. The company has a debt-to-equity ratio of 19.23, a current ratio of 2.84 and a quick ratio of 1.63.

EnWave Company Profile

(Get Free Report)

EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.

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