Enablence Technologies (CVE:ENA) Shares Fall 12%

During midday trading on Friday, shares of Enablence Technologies Inc. (CVE:ENA – Get Free Report) dropped 12%. The company’s stock was already trading at CAD 1.54 and was last traded at CAD 1.54. 1,186 shares changed hands during trading, down 80% from average session volume of 6,051 shares. Shares previously closed at C$1.75.

Enablence Technologies’ revenue fell by 12.0%

The company’s 50-day average share price is C$1.35 and its 200-day average share price is C$1.04. The company’s market capitalization is C$28.63 million, its price-to-earnings ratio is -2.33 and its beta is 0.17.

Enablence Technologies ( CVE:ENA – Get Free Report ) last released its quarterly earnings data on Friday, May 24th. The company reported C ($0.22) EPS for the quarter. The company had revenue of C$0.56 million for the quarter.

Assistive Technology Information

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Enablence Technologies Inc., together with its subsidiaries, designs, manufactures, and sells optical components for planar lightwave circuits in Canada, China, and the United States. The company offers a coarse wavelength division optical demultiplexer and multiplexer, and a LAN wavelength division multiplexer, which is an optical component.

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