Enablence Technologies (CVE:ENA) Trading Up 1.5% – Should You Buy?

Shares of Enablence Technologies Inc. (CVE:ENAGet Free Report) were up 1.5% on Tuesday . The company traded as high as C$1.50 and last traded at C$1.32. Approximately 2,257 shares were traded during mid-day trading, a decline of 41% from the average daily volume of 3,855 shares. The stock had previously closed at C$1.30.

Enablence Technologies Trading Down 4.0 %

The company has a market cap of C$22.31 million, a PE ratio of -1.43 and a beta of 0.49. The business has a fifty day simple moving average of C$1.27 and a two-hundred day simple moving average of C$1.45.

Enablence Technologies (CVE:ENAGet Free Report) last posted its quarterly earnings results on Monday, October 28th. The company reported C($0.35) earnings per share for the quarter. The firm had revenue of C$0.85 million for the quarter.

About Enablence Technologies

(Get Free Report)

Enablence Technologies Inc, together with its subsidiaries, designs, manufactures, and sells optical components in planar light wave circuits in Canada, China, and the United States. The company provides coarse wavelength division multiplexing optical demultiplexer and multiplexer, and LAN-wavelength division multiplexing, an optical component device.

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