EQ (CVE:EQ) Shares Up 1.9% – Should You Buy?

EQ Inc. (CVE:EQ)’s share price shot up 1.9% during mid-day trading on Friday . The stock traded as high as C$1.10 and last traded at C$1.10. 5,800 shares traded hands during mid-day trading, a decline of 68% from the average session volume of 18,224 shares. The stock had previously closed at C$1.08.

EQ Stock Up 1.9 %

The firm has a market cap of C$76.55 million, a price-to-earnings ratio of -15.71 and a beta of -0.05. The stock’s 50 day moving average is C$1.10 and its 200 day moving average is C$1.11. The company has a quick ratio of 1.27, a current ratio of 0.53 and a debt-to-equity ratio of 29.49.

EQ (CVE:EQ) last issued its quarterly earnings results on Thursday, August 22nd. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$2.57 million for the quarter. EQ had a negative net margin of 53.07% and a negative return on equity of 784.26%. Analysts forecast that EQ Inc. will post -0.5299999 EPS for the current year.

About EQ

EQ Inc provides real-time technology and advance analytics in Canada and the United States. Its products include Atom, a geospatial marketing platform; LOCUS, a geospatial insights and analytics platform for location data enrichment, foot traffic analysis, customer analysis, competitor analysis, audience profiling, segment creation, and location planning; and Paymi that provides a seamless experience for members to securely connect their debit and credit cards and redeem cashback on their purchases.