Lite Access Technologies (LTE) Reaches New 1-Year Low at $0.31
Lite Access Technologies Inc (CVE:LTE) shares hit a new 52-week low during trading on Monday . The company traded as low as C$0.31 and last traded at C$0.34, with a volume of 10500 shares traded. The stock had previously closed at C$0.32.
The firm has a market capitalization of $13.94 million and a P/E ratio of -1.48. The company has a quick ratio of 2.75, a current ratio of 2.93 and a debt-to-equity ratio of 6.40.
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Lite Access Technologies Inc manufactures, distributes, sells, and installs fiber optic technology specializing in micro ducts and air-blown fiber in Canada, the United States, the United Kingdom, and internationally. It operates in two segments, Product and Fibre Optic Installation. The company offers micro-duct, air-blown fiber, and micro and narrow trench installation services that are used in various communication networks, including Olympic, military, and government facilities.
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