Route1 (CVE:ROI) Trading Down 17.6% – Time to Sell?

Route1 Inc. (CVE:ROIGet Free Report) shares fell 17.6% during trading on Saturday . The stock traded as low as C$0.06 and last traded at C$0.07. 241,217 shares were traded during trading, an increase of 523% from the average session volume of 38,746 shares. The stock had previously closed at C$0.09.

Route1 Stock Performance

The company has a market cap of C$2.97 million, a price-to-earnings ratio of -3.50 and a beta of -0.04. The firm has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.06. 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.

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.

Further Reading

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.