EnWave (CVE:ENW) Stock Price Down 8.7%

EnWave Co. (CVE:ENW) shares traded down 8.7% on Monday . The company traded as low as C$0.21 and last traded at C$0.21. 47,579 shares traded hands during mid-day trading, a decline of 5% from the average session volume of 49,986 shares. The stock had previously closed at C$0.23.

EnWave Price Performance

The stock has a fifty day simple moving average of C$0.24 and a two-hundred day simple moving average of C$0.28. The company has a market cap of C$24.38 million, a PE ratio of -22.00 and a beta of 1.26. The company has a current ratio of 2.94, a quick ratio of 1.63 and a debt-to-equity ratio of 19.81.

EnWave (CVE:ENW) last announced its quarterly earnings data on Thursday, May 23rd. The company reported C($0.01) earnings per share for the quarter. The business had revenue of C$0.66 million during the quarter. EnWave had a negative net margin of 76.52% and a negative return on equity of 37.99%. On average, equities analysts predict that EnWave Co. will post 0.001525 EPS 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.