EnWave (CVE:ENW) Shares Up 4.2% – Still a Buy?

EnWave Co. (CVE:ENW)’s share price was up 4.2% during trading on Monday . The company traded as high as C$0.25 and last traded at C$0.25. Approximately 17,000 shares were traded during trading, a decline of 76% from the average daily volume of 70,308 shares. The stock had previously closed at C$0.24.

EnWave Price Performance

The company has a quick ratio of 1.63, a current ratio of 3.64 and a debt-to-equity ratio of 16.71. The firm has a market cap of C$27.77 million, a P/E ratio of -11.55 and a beta of 1.31. The business has a fifty day moving average of C$0.24 and a 200 day moving average of C$0.23.

About EnWave

EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.