Route1 (CVE:ROI) Share Price Breaks Below Two Hundred Day Moving Average – What’s Next?

Route1 Inc. (CVE:ROI) passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of C$0.11 and traded as low as C$0.10. Route1 shares last traded at C$0.10, with a volume of 20,000 shares changing hands.

Route1 Stock Down 8.7%

The stock’s 50 day moving average is C$0.12 and its 200 day moving average is C$0.11. The company has a debt-to-equity ratio of 8,864.92, a quick ratio of 0.44 and a current ratio of 0.31. The company has a market capitalization of C$4.92 million, a PE ratio of -15.00 and a beta of 2.07.

About Route1

Route1 Inc provides engineering and professional services using data capture technologies in the United States, Canada, and internationally. The company offers MobiKEY, a desktop secure remote access solution; DerivID, a credentials solution for PIV and CAC that validates the identity of mobile users; MobiNET aggregation gateway appliance; and DEFIMNET, a service delivery platform; and PocketValue P-3X, a secure storage token. It also provides surveillance and video intelligence products, such as Omnicast, a monitoring and data analysis platform; Stratocast, a real-time video intelligence solution; body-worn cameras; in-car videos; Synergis Access Control, an open system that connects to a large selection of third-party access control devices; and automatic license plate recognition solutions, including Genetec Autovu and MobiLPR.