Carmanah Technologies (TSE:CMH) Trading 0.1% Higher – What’s Next?

Shares of Carmanah Technologies Corp (TSE:CMH) were up 0.1% during trading on Monday . The company traded as high as C$7.35 and last traded at C$7.35. Approximately 398,100 shares traded hands during mid-day trading, an increase of 468% from the average daily volume of 70,044 shares. The stock had previously closed at C$7.34.

Carmanah Technologies Trading Up 0.1 %

The stock has a market capitalization of C$134.34 million and a P/E ratio of 3.26. The company has a current ratio of 12.25, a quick ratio of 11.85 and a debt-to-equity ratio of 0.64. The firm has a fifty day moving average of C$7.35.

About Carmanah Technologies

Carmanah Technologies Corporation designs, develops, and distributes products focused on energy optimized light LED solutions for infrastructure worldwide. It operates in Signals and Illumination segments. The Signals segment provides solar LED flashing beacons, including pedestrian crosswalk signals, school zone flashers, and 24-hr roadway beacons for various roadway applications; a range of marine lighting solutions to coast guards, marine authorities, navies, and ports; and LED aviation lighting solutions, such as approach lightings, apron lightings, and solar and hybrid power systems.