EnWave (OTCMKTS:NWVCF) Stock Price Down 0.6% – Should You Sell?

EnWave Co. (OTCMKTS:NWVCF)’s stock price was down 0.6% on Friday . The stock traded as low as $0.2481 and last traded at $0.2481. Approximately 225 shares traded hands during trading, a decline of 98% from the average daily volume of 9,282 shares. The stock had previously closed at $0.2497.

EnWave Price Performance

The stock’s 50 day moving average is $0.27 and its 200-day moving average is $0.27.

About EnWave

EnWave Corporation is a Canadian technology company specializing in the development and licensing of industrial-scale dehydration solutions for the food, pharmaceutical and agricultural sectors. At the heart of its offering is the patented Radiant Energy Vacuum (REV®) technology, which combines vacuum, microwave energy and conductive heat to rapidly remove moisture while preserving nutritional quality, color and flavor. EnWave’s platform is designed to provide food producers and ingredient manufacturers with scalable, energy-efficient alternatives to traditional freeze-drying, air drying and other dehydration methods.

EnWave generates revenue primarily through equipment sales, licensing fees and ongoing royalty streams from licensees that operate its REV® machines.