Route1 (CVE:ROI) Stock Price Up 23.1% – Should You Buy?

Route1 Inc. (CVE:ROIGet Free Report)’s share price rose 23.1% during mid-day trading on Saturday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 221,000 shares traded hands during trading, an increase of 523% from the average daily volume of 35,495 shares. The stock had previously closed at C$0.07.

Route1 Trading Up 23.1%

The company has a market cap of C$3.40 million, a P/E ratio of -8.00 and a beta of -0.04. The company has a current ratio of 0.31, a quick ratio of 0.44 and a debt-to-equity ratio of 8,864.92. The business has a 50 day moving average price of C$0.06 and a 200-day moving average price of C$0.06.

About Route1

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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.

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