Route1 (CVE:ROI) Shares Down 20%

Route1 Inc. (CVE:ROIGet Free Report) shares dropped 20% during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02. Approximately 410,000 shares traded hands during trading, an increase of 385% from the average daily volume of 84,534 shares. The stock had previously closed at C$0.03.

Route1 Price Performance

The company has a current ratio of 0.38, a quick ratio of 0.44 and a debt-to-equity ratio of 790.70. The company has a market capitalization of C$850,000.00, a P/E ratio of -0.67 and a beta of -0.15. The business’s fifty day moving average price is C$0.03 and its 200-day moving average price is C$0.04.

About Route1

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Route1 Inc provides data security and user authentication, data acquisition and analytics, data visualization technology solutions in the United States and Canada. 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.

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