RediShred Capital (CVE:KUT) Stock Price Up 1.1%

RediShred Capital Corp. (CVE:KUT)’s share price rose 1.1% during trading on Wednesday . The company traded as high as C$2.86 and last traded at C$2.86. Approximately 500 shares were traded during trading, a decline of 91% from the average daily volume of 5,393 shares. The stock had previously closed at C$2.83.

RediShred Capital Price Performance

The company has a debt-to-equity ratio of 77.38, a quick ratio of 1.33 and a current ratio of 0.81. The company has a market cap of C$52.34 million, a price-to-earnings ratio of -286.00 and a beta of 1.31. The business has a fifty day moving average price of C$2.80 and a 200 day moving average price of C$2.87.

About RediShred Capital

RediShred Capital Corp., together with its subsidiaries, operates the Proshred franchise and license business in the United States. The company operates through three segments: Franchising and licensing, Corporate Locations, and Corporate. It grants and manages shredding business franchises under the Proshred brand, as well as operates fifteen corporate shredding locations.