RediShred Capital (CVE:KUT) Shares Up 1.1%

RediShred Capital Corp. (CVE:KUT) shares rose 1.1% on Wednesday . The stock traded as high as C$2.86 and last traded at C$2.86. Approximately 500 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 5,393 shares. The stock had previously closed at C$2.83.

RediShred Capital Stock Up 1.1 %

The firm has a 50-day moving average price of C$2.80 and a two-hundred day moving average price of C$2.87. The company has a market capitalization of C$52.34 million, a P/E ratio of -286.00 and a beta of 1.31. The company has a quick ratio of 1.33, a current ratio of 0.81 and a debt-to-equity ratio of 77.38.

About RediShred Capital

RediShred Capital Corp., together with its subsidiaries, operates the Proshred franchise and license business in the United States. The company operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. It grants and manages shredding business franchises under the Proshred brand, as well as operates fifteen corporate shredding locations.