Route1 (CVE:ROI) Trading Up 57.1% – Should You Buy?

Route1 Inc. (CVE:ROIGet Free Report) shares shot up 57.1% during trading on Wednesday . The company traded as high as C$0.06 and last traded at C$0.06. 308,000 shares were traded during trading, an increase of 292% from the average session volume of 78,552 shares. The stock had previously closed at C$0.04.

Route1 Stock Up 14.3 %

The stock has a market cap of C$1.70 million, a price-to-earnings ratio of -1.75 and a beta of -0.16. The firm’s 50 day moving average is C$0.02 and its two-hundred day moving average is C$0.03. The company has a current ratio of 0.31, a quick ratio of 0.44 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.

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