Acceleware (CVE:AXE) Hits New 1-Year Low at $0.10
Shares of Acceleware Ltd (CVE:AXE) reached a new 52-week low during trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 57000 shares changing hands. The stock had previously closed at C$0.11.
The company has a market cap of $11.50 million and a P/E ratio of 16.11. The company has a current ratio of 1.42, a quick ratio of 1.42 and a debt-to-equity ratio of 11.15. The company’s fifty day moving average is C$0.12 and its 200 day moving average is C$0.16.
Acceleware Company Profile (CVE:AXE)
Acceleware Ltd., an oil and gas technology company, develops and markets software products for oil and gas and other markets in Canada and the United States. The company operates through two segments, RF Heating and Software and Services. It offers AxFWI, a full waveform inversion application for providing subsurface velocity models; AxRTM, a reverse time migration method for seismic depth imaging; AxWave, a high performance application used for the simulation of seismic wave propagation through the subsurface; and marine controlled source electromagnetic method for generating the electric resistivity map of seafloors, as well as researches, develops, and sells RF heating and related services for heavy oil and oil sand production technology.
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