Route1 (CVE:ROI) Shares Up 15.4% – Still a Buy?

Route1 Inc. (CVE:ROIGet Free Report)’s stock price traded up 15.4% during trading on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. 137,000 shares changed hands during mid-day trading, an increase of 270% from the average session volume of 36,997 shares. The stock had previously closed at C$0.07.

Route1 Stock Performance

The company has a market capitalization of C$3.19 million, a P/E ratio of -3.75 and a beta of -0.16. The business has a 50 day moving average of C$0.05 and a 200 day moving average of C$0.04. 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

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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

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