EnWave (CVE:ENW) Upgraded at Clarus Securities

Clarus Securities upgraded shares of EnWave (CVE:ENW) to a moderate buy rating in a report issued on Tuesday,Zacks.com reports.

EnWave Stock Performance

Shares of CVE ENW opened at C$0.39 on Tuesday. The stock has a fifty day moving average price of C$0.41 and a two-hundred day moving average price of C$0.35. The company has a debt-to-equity ratio of 16.71, a quick ratio of 1.63 and a current ratio of 3.64. The firm has a market cap of C$46.30 million, a P/E ratio of -39.00 and a beta of 1.08. EnWave has a 1 year low of C$0.19 and a 1 year high of C$0.55.

About EnWave

EnWave Corporation designs, constructs, markets, and sells vacuum-microwave machinery for the food, cannabis, and biomaterial dehydration industries in Canada and the United States. The company operates through EnWave and NutraDried segments. It also offers radiant energy vacuum (REV) platforms, such as nutraREV for dehydration of fruits, vegetables, herbs, dairy products, meats, and seafood; and quantaREV designed for low-temperature dehydration of solid, liquid, and granular or encapsulated food or cannabis products.