EnWave (CVE:ENW) Stock Price Down 1.8%

EnWave Co. (CVE:ENW)’s share price traded down 1.8% during trading on Wednesday . The company traded as low as C$0.26 and last traded at C$0.27. 17,000 shares were traded during trading, a decline of 58% from the average session volume of 40,004 shares. The stock had previously closed at C$0.28.

EnWave Stock Performance

The company has a current ratio of 3.88, a quick ratio of 1.63 and a debt-to-equity ratio of 12.28. The stock’s 50 day moving average price is C$0.28 and its 200 day moving average price is C$0.30. The company has a market capitalization of C$29.91 million, a price-to-earnings ratio of -27.00 and a beta of 1.29.

EnWave (CVE:ENW) last announced its quarterly earnings data on Thursday, February 22nd. The company reported C($0.01) earnings per share (EPS) for the quarter. EnWave had a negative return on equity of 15.18% and a negative net margin of 58.72%. The company had revenue of C$1.26 million for the quarter. Analysts expect that EnWave Co. will post 0.001708 earnings per share for the current year.

About EnWave

EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.