YANGAROO (CVE:YOO) Stock Price Up 22.2% – Time to Buy?

YANGAROO Inc. (CVE:YOOGet Free Report)’s share price rose 22.2% during trading on Friday . The stock traded as high as C$0.06 and last traded at C$0.06. Approximately 198,538 shares changed hands during trading, an increase of 292% from the average daily volume of 50,708 shares. The stock had previously closed at C$0.04.

YANGAROO Price Performance

The business has a 50 day moving average price of C$0.04 and a two-hundred day moving average price of C$0.04. The stock has a market cap of C$3.50 million, a PE ratio of 5.50 and a beta of 1.91. The company has a debt-to-equity ratio of 141.94, a quick ratio of 0.47 and a current ratio of 0.58.

YANGAROO Company Profile

(Get Free Report)

YANGAROO Inc, a software company, provides workflow management solutions for the media and entertainment industries in Canada and the United States. It operates and offers Digital Media Distribution System (DMDS) platform, a cloud-based technology that provides an integrated workflow and broadcaster connected managed network for digital content delivery and related data management in the advertising, music, and entertainment award show markets. The company was formerly known as Musicrypt.com Inc and changed its name to YANGAROO Inc in July 2007.

Further Reading

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