EnWave (CVE:ENW) Stock Price Down 1.8%

EnWave Co. (CVE:ENW)’s stock price dropped 1.8% on Wednesday . The stock traded as low as C$0.26 and last traded at C$0.27. Approximately 17,000 shares changed hands during trading, a decline of 58% from the average daily volume of 40,004 shares. The stock had previously closed at C$0.28.

EnWave Stock Performance

The company has a current ratio of 3.88, a quick ratio of 1.63 and a debt-to-equity ratio of 12.28. The company’s 50-day moving average price is C$0.28 and its two-hundred day moving average price is C$0.30. The company has a market cap of C$27.70 million, a P/E ratio of -25.00 and a beta of 1.29.

EnWave (CVE:ENW) last posted its quarterly earnings data on Thursday, February 22nd. The company reported C($0.01) earnings per share for the quarter. EnWave had a negative net margin of 58.72% and a negative return on equity of 15.18%. The business had revenue of C$1.26 million for the quarter. As a group, equities analysts forecast that EnWave Co. will post 0.001708 earnings per share for the current year.

EnWave Company Profile

EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.