Acasta Enterprises (TSE:AEF) Trades 15.3% Higher

Acasta Enterprises Inc (TSE:AEF – Get Free Report ) share price rose 15.3% on Monday. The company traded as high as $2.24 and last traded at $2.19. About 50,700 shares were traded during trading, down 19% from the average daily volume of 62,495 shares. Shares previously closed at $1.90.

Acasta Enterprises stock up 15.3%

The firm has a market cap of $161.68 million and a price-to-earnings ratio of -73.00. The company has a current ratio of 0.83, a quick ratio of 0.41, and a debt-to-equity ratio of 342.46. The company has a fifty-day simple moving average of $2.19.

Acasta Enterprises Company Profile

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Acasta Enterprises Inc is a private equity firm specializing in acquisitions. It prefers to invest in founder-led businesses, non-core asset divestitures, industry consolidation and growth-oriented businesses. The firm prefers to invest in private label consumer staples and aviation finance and asset management companies.

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