Acceleware (CVE:AXE) Trading Up 11.5%

Acceleware Ltd. (CVE:AXEGet Free Report) shares were up 11.5% on Friday . The company traded as high as C$0.15 and last traded at C$0.15. Approximately 1,500 shares traded hands during trading, a decline of 96% from the average daily volume of 33,781 shares. The stock had previously closed at C$0.13.

Acceleware Stock Performance

The company has a debt-to-equity ratio of 16.42, a current ratio of 0.39 and a quick ratio of 0.53. The stock has a market cap of C$17.17 million, a P/E ratio of -7.25 and a beta of 0.89. The company has a fifty day moving average of C$0.12 and a 200 day moving average of C$0.14.

Acceleware (CVE:AXEGet Free Report) last posted its quarterly earnings data on Thursday, March 21st. The company reported C$0.01 earnings per share for the quarter. The business had revenue of C$0.04 million for the quarter.

About Acceleware

(Get Free Report)

Acceleware Ltd. operates as an oil and gas technology company in Canada and the United States. The company operates through two segments, RF Heating and High-Performance Computing. It develops an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating; and develops and markets computational software products for the oil and gas, and other markets.

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