Uniserve Communications (CVE:USS) Trading Up 14.3% – What’s Next?

Shares of Uniserve Communications Co. (CVE:USS) rose 14.3% during mid-day trading on Thursday . The stock traded as high as C$0.24 and last traded at C$0.24. Approximately 11,376 shares changed hands during mid-day trading, an increase of 55% from the average daily volume of 7,348 shares. The stock had previously closed at C$0.21.

Uniserve Communications Price Performance

The company has a debt-to-equity ratio of 81.21, a current ratio of 1.13 and a quick ratio of 1.07. The stock has a market capitalization of C$19.32 million, a P/E ratio of 2.00 and a beta of 2.14. The stock’s fifty day moving average is C$0.17 and its 200-day moving average is C$0.08.

Insiders Place Their Bets

In other news, insider Michael Curt Scholz acquired 1,726,000 shares of Uniserve Communications stock in a transaction dated Wednesday, November 6th. The stock was acquired at an average cost of C$0.08 per share, for a total transaction of C$129,450.00. Insiders own 62.04% of the company’s stock.

Uniserve Communications Company Profile

Uniserve Communications Corporation provides Internet access, telecommunications, and commercial IT consulting services to residential, business, and enterprise customers primarily in British Columbia and Alberta. The company offers fiber, internet, and digital telephone plans. It also provides office in a box solution that provides hardware for computers and laptops, phones, various networking equipment, and productivity software; managed services, including managed IT, network, security, back up, and storage, as well as hardware as a service; and colocation, cyber security, and cloud services.