Uniserve Communications (CVE:USS) Trading Up 15.2% – Here’s Why

Uniserve Communications Co. (CVE:USS) traded up 15.2% during mid-day trading on Wednesday . The stock traded as high as C$0.19 and last traded at C$0.19. 6,271 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 52,192 shares. The stock had previously closed at C$0.17.

Uniserve Communications Stock Performance

The firm’s fifty day moving average price is C$0.12 and its 200-day moving average price is C$0.06. The company has a market cap of C$16.10 million, a P/E ratio of 2.00 and a beta of 2.14. The company has a current ratio of 1.13, a quick ratio of 1.07 and a debt-to-equity ratio of 81.21.

Insider Activity at Uniserve Communications

In other Uniserve Communications news, insider Michael Curt Scholz acquired 1,726,000 shares of Uniserve Communications stock in a transaction dated Wednesday, November 6th. The stock was bought at an average cost of C$0.08 per share, with a total value of C$129,450.00. Corporate insiders own 62.04% of the company’s stock.

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.