Redline Communications Group (TSE:RDL) Shares Pass Above 200-Day Moving Average of $0.73

Shares of Redline Communications Group Inc. (TSE:RDLGet Rating) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.73 and traded as high as C$0.89. Redline Communications Group shares last traded at C$0.89, with a volume of 1,128 shares traded.

The company has a market cap of C$15.32 million and a PE ratio of -3.31. The company has a debt-to-equity ratio of 7.08, a quick ratio of 1.88 and a current ratio of 2.92. The stock has a 50 day moving average of C$0.79 and a 200-day moving average of C$0.73.

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, Professional Services and 3rd Party Equipment, and Maintenance and Support segments.

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