Grande West Transportation Group (CVE:BUS) Stock Passes Below 50 Day Moving Average – Here’s Why

Grande West Transportation Group Inc (CVE:BUSGet Free Report)’s stock price crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$2.42 and traded as low as C$2.37. Grande West Transportation Group shares last traded at C$2.42, with a volume of 430,368 shares.

Grande West Transportation Group Trading Down 2.4%

The company’s 50-day simple moving average is C$2.42 and its 200 day simple moving average is C$2.42. The company has a quick ratio of 0.38, a current ratio of 1.59 and a debt-to-equity ratio of 55.32. The firm has a market capitalization of C$70.88 million and a PE ratio of -31.84.

About Grande West Transportation Group

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Grande West Transportation Group Inc designs, engineers, manufactures, and sells Vicinity branded mid-size multi-purpose transit vehicles for public and commercial enterprises in the United States and Canada. It offers buses in clean diesel, gas, and CNG drive systems; and also produces and sells spare parts. The company was founded in 2008 and is headquartered in Aldergrove, Canada.

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