Route1 (CVE:ROI) Stock Price Down 28.6%

Route1 Inc. (CVE:ROIGet Free Report) dropped 28.6% during mid-day trading on Tuesday . The stock traded as low as C$0.03 and last traded at C$0.03. Approximately 339,000 shares changed hands during trading, an increase of 311% from the average daily volume of 82,444 shares. The stock had previously closed at C$0.04.

Route1 Trading Down 14.3 %

The firm has a 50-day moving average of C$0.06 and a 200 day moving average of C$0.04. The company has a current ratio of 0.38, a quick ratio of 0.44 and a debt-to-equity ratio of 790.70. The stock has a market capitalization of C$1.28 million, a price-to-earnings ratio of -1.00 and a beta of -0.15.

Route1 (CVE:ROIGet Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The company reported C($0.01) earnings per share for the quarter. The company had revenue of C$4.30 million during the quarter. Route1 had a negative return on equity of 109.19% and a negative net margin of 7.30%. As a group, equities analysts predict that Route1 Inc. will post 0.01 EPS for the current fiscal year.

About Route1

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Route1 Inc provides data security and user authentication, data acquisition and analytics, data visualization technology solutions in the United States and Canada. 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.

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