Uniserve Communications (CVE:USS) Stock Price Up 12% – Should You Buy?

Uniserve Communications Co. (CVE:USS)’s share price traded up 12% during trading on Tuesday . The stock traded as high as C$0.28 and last traded at C$0.28. 10,500 shares were traded during mid-day trading, a decline of 59% from the average session volume of 25,520 shares. The stock had previously closed at C$0.25.

Uniserve Communications Stock Performance

The firm has a market capitalization of C$22.55 million, a PE ratio of 2.00 and a beta of 2.14. The firm’s 50 day moving average price is C$0.21 and its 200-day moving average price is C$0.11. The company has a debt-to-equity ratio of 81.21, a quick ratio of 1.07 and a current ratio of 1.13.

Insider Activity

In related news, insider Michael Curt Scholz bought 1,726,000 shares of the company’s stock in a transaction dated Wednesday, November 6th. The shares were acquired at an average price of C$0.08 per share, for a total transaction of C$129,450.00. Insiders acquired 1,782,000 shares of company stock worth $140,510 over the last three months. 62.04% of the stock is currently owned by corporate insiders.

About Uniserve Communications

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.