Acceleware (CVE:AXE) Hits New 12-Month High – Here’s Why

Shares of Acceleware Ltd. (CVE:AXEGet Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.15 and last traded at C$0.15, with a volume of 2995 shares trading hands. The stock had previously closed at C$0.09.

Acceleware Trading Up 16.7 %

The firm has a fifty day moving average of C$0.09 and a 200 day moving average of C$0.11. The firm has a market capitalization of C$13.82 million, a PE ratio of 7.81 and a beta of 0.79. The company has a debt-to-equity ratio of -39.87, a quick ratio of 0.53 and a current ratio of 0.18.

Acceleware Company Profile

(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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