Stocks to Watch: UGE International (CVE:UGE) Shares Down 14.3%

UGE International Ltd (CVE:UGE)’s share price dropped 14.3% during mid-day trading on Monday . The company traded as low as C$0.06 and last traded at C$0.06, approximately 213,250 shares traded hands during trading. An increase of 267% from the average daily volume of 58,060 shares. The stock had previously closed at C$0.07.

The company has a 50 day moving average price of C$0.08. The stock has a market cap of $5.44 million and a price-to-earnings ratio of -0.56.

UGE International (CVE:UGE) last issued its quarterly earnings results on Tuesday, May 28th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$2.75 million for the quarter. Equities analysts expect that UGE International Ltd will post 0.05 EPS for the current year.

UGE International Company Profile (CVE:UGE)
UGE International Ltd. provides renewable energy solutions to commercial and industrial clients in the United States, Canada, and the Philippines. It primarily offers development, consulting and project management, engineering and design, and turn-key construction services to commercial solar projects.

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