Shares of Enablence Technologies Inc. (CVE:ENA – Get Free Report) shot up 20% during mid-day trading on Wednesday . The company traded as high as C$1.50 and last traded at C$1.50. 838 shares changed hands during trading, an increase of 79% from the average session volume of 469 shares. The stock had previously closed at C$1.25.
Enablence Technologies Price Performance
The firm’s 50-day moving average price is C$1.34 and its 200-day moving average price is C$1.41. The company has a market cap of C$27.89 million, a price-to-earnings ratio of -1.79 and a beta of 0.49.
Enablence Technologies (CVE:ENA – Get Free Report) last posted its quarterly earnings results on Monday, October 28th. The company reported C($0.35) earnings per share (EPS) for the quarter. The company had revenue of C$0.85 million for the quarter.
Enablence Technologies Company Profile
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.
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