Enablence Technologies (CVE:ENA) Trading Down 17.9% – Here’s What Happened

Enablence Technologies Inc. (CVE:ENAGet Free Report)’s share price traded down 17.9% during mid-day trading on Friday . The company traded as low as C$1.60 and last traded at C$1.60. 900 shares traded hands during trading, a decline of 52% from the average session volume of 1,857 shares. The stock had previously closed at C$1.95.

Enablence Technologies Trading Down 17.9%

The company has a market cap of C$30.68 million, a P/E ratio of -1.80 and a beta of 1.10. The business has a 50 day moving average price of C$1.34 and a 200-day moving average price of C$1.16.

Enablence Technologies Company Profile

(Get Free Report)

Enablence Technologies Inc, together with its subsidiaries, designs, manufactures, and sells optical components in planar light wave circuits in Canada, China, and the United States. The company provides coarse wavelength division multiplexing optical demultiplexer and multiplexer, and LAN-wavelength division multiplexing, an optical component device.

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