Route1 (CVE:ROI) Trading Up 23.1% – Here’s Why

Shares of Route1 Inc. (CVE:ROIGet Free Report) were up 23.1% during mid-day trading on Saturday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 221,000 shares were traded 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 Stock Performance

The firm has a fifty day moving average of C$0.06 and a 200-day moving average of C$0.06. The stock has a market capitalization of C$3.40 million, a price-to-earnings ratio of -8.00 and a beta of -0.04. The company has a quick ratio of 0.44, a current ratio of 0.31 and a debt-to-equity ratio of 8,864.92.

Route1 Company Profile

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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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