Circa Enterprises (CVE:CTO) Shares Cross Above 50-Day Moving Average – Here’s Why

Circa Enterprises Inc. (CVE:CTO)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$2.08 and traded as high as C$2.08. Circa Enterprises shares last traded at C$2.08, with a volume of 3,800 shares trading hands.

Circa Enterprises Trading Down 0.5%

The business’s 50 day moving average price is C$2.08 and its 200-day moving average price is C$2.08. The company has a current ratio of 2.10, a quick ratio of 0.77 and a debt-to-equity ratio of 46.72. The company has a market cap of C$21.30 million, a price-to-earnings ratio of 22.22 and a beta of 1.36.

About Circa Enterprises

Circa Enterprises Inc manufactures and supplies telecommunications and electrical products in the United States, Canada, and internationally. It operates in two segments, Telecommunications (Telecom) and Metal Fabrication (Metals). The Telecom segment offers surge protection products, ruggedized high-performance telecommunications equipment, and cables and connectivity products under the CircaMax brand; and designs, manufactures, supplies, and sells intelligent device monitoring and alarm management solutions.