Key Points
- Collingwood Investments purchased 300,000 Enablence shares on November 4 at C$5.00 each, for C$1.5 million. The purchase increased its holdings by 9.3% to 3,526,000 shares.
- Enablence shares opened at C$5.25 on Friday; the stock’s 52-week range is C$1.20–C$14.75, and its market capitalization is C$127.55 million.
Enablence Technologies Inc. (CVE:ENA - Get Free Report) insider Collingwood Investments Incorporated bought 300,000 shares of Enablence Technologies stock in a transaction dated Wednesday, November 4th. The shares were bought at an average cost of C$5.00 per share, with a total value of C$1,500,000.00. Following the completion of the acquisition, the insider owned 3,526,000 shares of the company's stock, valued at C$17,630,000. The trade was a 9.30% increase in their ownership of the stock.
Enablence Technologies Stock Down 4.5%
CVE:ENA opened at C$5.25 on Friday. Enablence Technologies Inc. has a 1-year low of C$1.20 and a 1-year high of C$14.75. The firm has a market capitalization of C$127.55 million, a price-to-earnings ratio of -4.91 and a beta of -0.20. The stock has a fifty day simple moving average of C$6.83 and a 200 day simple moving average of C$5.62.
Enablence Technologies Company Profile
(
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Enablence Technologies Inc, together with its subsidiaries, designs, manufactures, and sells optical components in planar light wave circuits in Canada, China, and the United States. The company provides coarse wavelength division multiplexing optical demultiplexer and multiplexer, and LAN-wavelength division multiplexing, an optical component device. It also offers long delay lines, an optical component device used for laser locking, short-pulse lasers, and decoherence services. In addition, the company provides various customized design services.
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