Enablence Technologies Inc. (CVE:ENA – Get Free Report) was up 25% during trading on Tuesday . The stock traded as high as C$1.50 and last traded at C$1.50. Approximately 1,500 shares traded hands during trading, a decline of 62% from the average daily volume of 3,984 shares. The stock had previously closed at C$1.20.
Enablence Technologies Stock Performance
The company has a market capitalization of C$27.89 million, a P/E ratio of -1.79 and a beta of 0.49. The firm’s fifty day moving average is C$1.19 and its 200-day moving average is C$1.45.
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 for the quarter. The company had revenue of C$0.85 million during 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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