Uniserve Communications (CVE:USS) Trading Up 9.4% – What’s Next?

Shares of Uniserve Communications Co. (CVE:USS) were up 9.4% during trading on Wednesday . The company traded as high as C$0.18 and last traded at C$0.18. Approximately 1,000 shares changed hands during trading, a decline of 98% from the average daily volume of 56,149 shares. The stock had previously closed at C$0.16.

Uniserve Communications Stock Up 9.4 %

The business has a fifty day simple moving average of C$0.07 and a 200 day simple moving average of C$0.05. The company has a debt-to-equity ratio of 81.21, a current ratio of 1.13 and a quick ratio of 1.07. The firm has a market cap of C$14.09 million, a price-to-earnings ratio of 2.00 and a beta of 2.14.

Insiders Place Their Bets

In other news, insider Michael Curt Scholz acquired 1,726,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The stock was acquired at an average cost of C$0.08 per share, with a total value of C$129,450.00. Corporate insiders own 62.04% of the company’s stock.

About Uniserve Communications

Uniserve Communications Corporation provides Internet access, telecommunications, and commercial IT consulting services to residential, business, and enterprise customers primarily in British Columbia and Alberta. The company offers fiber, internet, and digital telephone plans. It also provides office in a box solution that provides hardware for computers and laptops, phones, various networking equipment, and productivity software; managed services, including managed IT, network, security, back up, and storage, as well as hardware as a service; and colocation, cyber security, and cloud services.