BeWhere (CVE:BEW) Trading Up 1.3% - Time to Buy?

Key Points

• BeWhere's shares rose 1.3% to C$0.80 on Wednesday with trading volume jumping about 259% to 186,803 shares, well above the 52,001 average.
• The company has a market cap of C$71.4 million, a high PE ratio of 80 and significant leverage (debt-to-equity 5.84), and the stock trades slightly below its 50-day (C$0.87) and 200-day (C$0.83) moving averages.
• BeWhere is an industrial IoT company that designs sensor-equipped hardware and cloud/mobile software to track and manage real-time information on fixed and movable assets.

BeWhere Holdings Inc. (CVE:BEW - )'s share price was up 1.3% during trading on Wednesday . The stock traded as high as C$0.80 and last traded at C$0.80. Approximately 186,803 shares were traded during trading, an increase of 259% from the average daily volume of 52,001 shares. The stock had previously closed at C$0.79.

BeWhere Price Performance

The company has a debt-to-equity ratio of 5.84, a current ratio of 3.13 and a quick ratio of 3.14. The company has a 50 day moving average price of C$0.87 and a 200 day moving average price of C$0.83. The firm has a market cap of C$71.43 million, a PE ratio of 80.00 and a beta of 1.29.

About BeWhere

BeWhere Holdings Inc, an industrial Internet of Things (IIoT) solutions company, designs, manufactures, and sells hardware with sensors and software applications to track real-time information on fixed and movable assets. The company develops mobile applications, middle-ware, and cloud-based solutions that stand-alone or that can be integrated with existing software. It offers Mobile IoT (M-IoT) application that tracks, monitors, and manages mobile and fixed assets in different environmental conditions.

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