Shares of RediShred Capital Corp. (CVE:KUT) shot up 1% during trading on Thursday . The company traded as high as C$1.05 and last traded at C$1.05, 10,700 shares traded hands during mid-day trading. A decline of 65% from the average session volume of 30,534 shares. The stock had previously closed at C$1.04.
The stock has a 50 day moving average of C$1.00. The company has a market cap of $70.56 million and a P/E ratio of 23.33. The company has a debt-to-equity ratio of 36.20, a current ratio of 0.55 and a quick ratio of 0.43.
RediShred Capital (CVE:KUT) last released its earnings results on Wednesday, May 29th. The company reported C$0.01 EPS for the quarter. The company had revenue of C$5.20 million during the quarter. Equities analysts predict that RediShred Capital Corp. will post 0.04 EPS for the current fiscal year.
RediShred Capital Company Profile (CVE:KUT)
RediShred Capital Corp., through its subsidiaries, provides onsite shredding services under the Proshred brand in the United States and internationally. The company grants and manages shredding business franchises under the Proshred trademark; operates in corporate shredding businesses; and supports the franchises.