EnWave (CVE:ENW) Stock Price Up 2.2%

EnWave Co. (CVE:ENW) traded up 2.2% on Monday . The stock traded as high as C$0.23 and last traded at C$0.23. 63,500 shares traded hands during mid-day trading, an increase of 30% from the average session volume of 48,750 shares. The stock had previously closed at C$0.23.

EnWave Price Performance

The company has a market cap of C$25.49 million, a P/E ratio of -23.00 and a beta of 1.26. The company has a fifty day moving average price of C$0.25 and a two-hundred day moving average price of C$0.29. The company has a debt-to-equity ratio of 19.81, a quick ratio of 1.63 and a current ratio of 2.94.

EnWave (CVE:ENW) last issued its earnings results on Thursday, May 23rd. The company reported C($0.01) earnings per share (EPS) for the quarter. EnWave had a negative net margin of 76.52% and a negative return on equity of 37.99%. The firm had revenue of C$0.66 million during the quarter. On average, sell-side analysts anticipate that EnWave Co. will post 0.001525 earnings per share for the current fiscal year.

EnWave Company Profile

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.