Appulse (CVE:APL) Stock Price Down 4.5% – Time to Sell?

Appulse Co. (CVE:APL) shares dropped 4.5% on Thursday . The company traded as low as C$0.21 and last traded at C$0.21. Approximately 15,604 shares changed hands during mid-day trading, an increase of 52% from the average daily volume of 10,252 shares. The stock had previously closed at C$0.22.

Appulse Stock Down 4.5 %

The stock’s 50 day simple moving average is C$0.21 and its two-hundred day simple moving average is C$0.25. The firm has a market cap of C$3.10 million, a P/E ratio of -21.00 and a beta of 1.32. The company has a debt-to-equity ratio of 14.63, a current ratio of 90.52 and a quick ratio of 0.55.

Appulse Company Profile

Appulse Corporation, through its subsidiaries, sells new and refurbished centrifuge machines and parts in Canada, the United States, and internationally. The company is also involved in the rental of centrifuge equipment; and provision of maintenance services, consulting, and design advisory services to industries, as well as machining services for equipment repairs.