Route1 (CVE:ROI) Trading Down 25% – Here’s Why

Route1 Inc. (CVE:ROIGet Free Report) fell 25% during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.05. 373,400 shares changed hands during trading, an increase of 1,105% from the average session volume of 30,988 shares. The stock had previously closed at C$0.06.

Route1 Price Performance

The business has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.03. The firm has a market capitalization of C$1.91 million, a price-to-earnings ratio of -2.25 and a beta of -0.16. The company has a debt-to-equity ratio of 8,864.92, a quick ratio of 0.44 and a current ratio of 0.31.

About Route1

(Get Free Report)

Route1 Inc provides engineering and professional services using data capture technologies in the United States, Canada, and internationally. The company offers MobiKEY, a desktop secure remote access solution; DerivID, a credentials solution for PIV and CAC that validates the identity of mobile users; MobiNET aggregation gateway appliance; and DEFIMNET, a service delivery platform; and PocketValue P-3X, a secure storage token.

Featured Articles

Receive News & Ratings for Route1 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Route1 and related companies with MarketBeat.com's FREE daily email newsletter.