Acceleware (CVE:AXE) Trading 15.4% Higher

Acceleware Ltd. (CVE:AXE)’s share price was up 15.4% on Friday . The stock traded as high as C$0.15 and last traded at C$0.15. Approximately 3,000 shares traded hands during trading, a decline of 92% from the average daily volume of 36,359 shares. The stock had previously closed at C$0.13.

Acceleware Stock Performance

The firm has a 50 day moving average price of C$0.12 and a 200 day moving average price of C$0.15. The stock has a market cap of C$17.76 million, a PE ratio of -5.00 and a beta of 0.92. The company has a quick ratio of 0.53, a current ratio of 0.39 and a debt-to-equity ratio of 16.42.

Acceleware (CVE:AXE) last issued its quarterly earnings data on Thursday, March 21st. The company reported C$0.01 earnings per share (EPS) for the quarter. The business had revenue of C$0.04 million for the quarter.

About Acceleware

Acceleware Ltd. operates as an oil and gas technology company in Canada and the United States. The company operates through two segments, RF Heating and High-Performance Computing. It develops an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating; and develops and markets computational software products for the oil and gas, and other markets.