Grande West Transportation Group (CVE:BUS) Sets New 1-Year Low at $0.44

Grande West Transportation Group Inc (CVE:BUS) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as C$0.44 and last traded at C$0.42, with a volume of 66400 shares. The stock had previously closed at C$0.42.

Several brokerages have commented on BUS. Beacon Securities restated a “speculative buy” rating on shares of Grande West Transportation Group in a report on Wednesday, April 17th. Echelon Wealth Partners reaffirmed a “speculative buy” rating on shares of Grande West Transportation Group in a research note on Wednesday, April 17th.

The company’s 50 day moving average is C$0.51. The firm has a market capitalization of $32.39 million and a price-to-earnings ratio of -43.50. The company has a current ratio of 2.03, a quick ratio of 0.81 and a debt-to-equity ratio of 39.32.

Grande West Transportation Group (CVE:BUS) last announced its earnings results on Tuesday, May 28th. The company reported C($0.01) earnings per share for the quarter. The business had revenue of C$5.73 million for the quarter. On average, analysts forecast that Grande West Transportation Group Inc will post -0.01 EPS for the current year.

Grande West Transportation Group Company Profile (CVE:BUS)

Grande West Transportation Group Inc designs, engineers, manufactures, and sells Vicinity branded mid-size buses for transit authorities and commercial enterprises in North America. It also produces and sells spare parts. The company was founded in 2008 and is headquartered in Aldergrove, Canada.

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