Lite Access Technologies (CVE:LTE) Hits New 12-Month Low at $0.10

Lite Access Technologies Inc (CVE:LTE)’s stock price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 146500 shares changing hands. The stock had previously closed at C$0.11.

The company has a debt-to-equity ratio of 5.91, a current ratio of 4.15 and a quick ratio of 3.51. The business has a 50-day simple moving average of C$0.22 and a 200 day simple moving average of C$0.31. The firm has a market cap of $6.10 million and a PE ratio of -0.85.

About Lite Access Technologies (CVE:LTE)

Lite Access Technologies Inc manufactures, distributes, sells, and installs fiber optic technology specializing in micro ducts and air-blown fiber in Canada, the United States, the United Kingdom, and internationally. It operates in two segments, Product and Fibre Optic Installation. The company offers micro-duct, air-blown fiber, and micro and narrow trench installation services that are used in various communication networks, including Olympic, military, and government facilities.

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