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

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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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