Lite Access Technologies (LTE) Sets New 52-Week Low at $0.29
Lite Access Technologies Inc (CVE:LTE) hit a new 52-week low on Wednesday . The company traded as low as C$0.29 and last traded at C$0.29, with a volume of 43600 shares trading hands. The stock had previously closed at C$0.30.
The firm has a market cap of $13.51 million and a PE ratio of -1.43. 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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