Circa Enterprises (CVE:CTO) Share Price Passes Below 50-Day Moving Average – Here’s Why

by · The Markets Daily

Circa Enterprises Inc. (CVE:CTO – Get Free Report) shares passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$2.08 and traded as low as C$2.08. Circa Enterprises shares last traded at C$2.08, with a volume of 3,800 shares trading hands.

Circa Enterprises Stock Down 0.5 %

The stock’s 50-day moving average price is C$2.08 and its two-hundred 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 stock has a market capitalization of C$21.30 million, a P/E ratio of 23.11 and a beta of 1.36.

About Circa Enterprises

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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.

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