RediShred Capital (CVE:KUT) Trading Up 0.2% – Here’s Why

RediShred Capital Corp. (CVE:KUT)’s share price rose 0.2% on Tuesday . The stock traded as high as C$4.96 and last traded at C$4.96. 990 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 40,833 shares. The stock had previously closed at C$4.95.

RediShred Capital Stock Up 0.2%

The stock’s fifty day simple moving average is C$4.96 and its 200-day simple moving average is C$4.96. The stock has a market cap of C$91.31 million, a P/E ratio of 129.73 and a beta of 1.34. The company has a debt-to-equity ratio of 76.26, a quick ratio of 1.33 and a current ratio of 0.45.

RediShred Capital Company Profile

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 corporate shredding locations. The company also provides shredding and destruction services; offers electronic waste disposal services under the Secure e-Cycle brand name; sells recycled paper and other recyclable by-products, such as metals and plastics; and resells electronics.