Uniserve Communications (CVE:USS) Shares Up 14.3% – Here’s What Happened

Uniserve Communications Co. (CVE:USS)’s stock price traded up 14.3% on Thursday . The company traded as high as C$0.24 and last traded at C$0.24. 11,376 shares were traded during trading, an increase of 55% from the average session volume of 7,348 shares. The stock had previously closed at C$0.21.

Uniserve Communications Trading Up 14.3 %

The business has a fifty day moving average of C$0.16 and a 200-day moving average of C$0.08. The company has a debt-to-equity ratio of 81.21, a quick ratio of 1.07 and a current ratio of 1.13. The company has a market capitalization of C$19.32 million, a P/E ratio of 2.00 and a beta of 2.14.

Insider Buying and Selling at Uniserve Communications

In related news, insider Michael Curt Scholz acquired 1,726,000 shares of the stock in a transaction dated Wednesday, November 6th. The stock was purchased at an average cost of C$0.08 per share, with a total value of C$129,450.00. Insiders own 62.04% of the company’s stock.

About Uniserve Communications

Uniserve Communications Corporation provides Internet access, telecommunications, and commercial IT consulting services to residential, business, and enterprise customers primarily in British Columbia and Alberta. The company offers fiber, internet, and digital telephone plans. It also provides office in a box solution that provides hardware for computers and laptops, phones, various networking equipment, and productivity software; managed services, including managed IT, network, security, back up, and storage, as well as hardware as a service; and colocation, cyber security, and cloud services.