Redline Communications Group (TSE:RDL) Stock Price Crosses Above Two Hundred Day Moving Average of $0.00

Redline Communications Group Inc (TSE:RDL) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $0.00 and traded as high as $1.48. Redline Communications Group shares last traded at $1.41, with a volume of 3,800 shares trading hands.

The firm’s 50-day moving average is C$1.63 and its 200-day moving average is C$1.55. The company has a current ratio of 2.84, a quick ratio of 1.96 and a debt-to-equity ratio of 10.97. The firm has a market cap of $27.54 million and a price-to-earnings ratio of -19.58.

Redline Communications Group Company Profile (TSE:RDL)

Redline Communications Group Inc, together with its subsidiaries, develops broadband fixed wireless base stations, subscriber stations, and network management systems for point-to-point and point-to-multipoint applications for commercial end-users. It operates through Hardware and Software Products, Professional Services and 3rd Party Equipment, and Maintenance and Support segments.

Read More: Compound Annual Growth Rate (CAGR)

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