Acceleware (CVE:AXE) Trading Down 8.3% – Here’s What Happened

Acceleware Ltd. ( CVE:AXE – Get Free Report ) dropped 8.3% during mid-day trading on Friday .

The company traded as low as C$0.11 and last traded at C$0.11.



Approximately 10,050 shares were traded during mid-day trading, an increase of 82% from the average daily volume of 5,525 shares. The stock had previously closed at C$0.12.

Acceleware Stock Performance The company has a market capitalization of C$13.03 million, a price-to-earnings ratio of -11.00 and a beta of 0.

79. The stock has a 50 day simple moving average of C$0.12 and a 200 day simple moving average of C$0.

12. The company has a quick ratio of 0.53, a current ratio of 0.

19 and a debt-to-equity ratio of 16.42. 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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