CounterPath (TSE:PATH) Trading 3.4% Higher
CounterPath, Corp. (TSE:PATH) (NASDAQ:CPAH) traded up 3.4% during mid-day trading on Friday . The company traded as high as C$1.50 and last traded at C$1.50, 500 shares changed hands during mid-day trading. A decline of 57% from the average session volume of 1,160 shares. The stock had previously closed at C$1.45.
The stock has a market cap of $8.87 million and a price-to-earnings ratio of -1.78. The company has a current ratio of 0.85, a quick ratio of 0.77 and a debt-to-equity ratio of 93.00. The stock’s 50-day moving average price is C$1.85 and its 200-day moving average price is C$2.09.
About CounterPath (TSE:PATH)
CounterPath Corporation designs, develops, and sells software and services that enable enterprises and telecommunication service providers to deliver unified communications services over Internet protocol based networks in North America and internationally. Its products include Bria softphone suite, which enables consumers and business users to make voice over Internet protocol (VoIP) audio and video calls, send instant messages, manage their presence, share their screen, and collaborate with other users using desktop computers and laptops, smartphones, and tablets; and X-Lite, a standards-based VoIP softphone application that runs on desktop computers.
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