Carmanah Technologies (TSE:CMH) is set to release its earnings data after the market closes on Wednesday, March 27th. Analysts expect Carmanah Technologies to post earnings of C$0.05 per share for the quarter.
TSE CMH traded up C$0.06 on Thursday, reaching C$6.81. The company had a trading volume of 1,200 shares, compared to its average volume of 33,420. The company has a market capitalization of $128.79 million and a PE ratio of -85.13. The company has a current ratio of 3.77, a quick ratio of 2.71 and a debt-to-equity ratio of 0.55. Carmanah Technologies has a 52 week low of C$3.39 and a 52 week high of C$6.84.
Separately, Canaccord Genuity upped their price objective on Carmanah Technologies from C$5.75 to C$7.50 in a report on Thursday, December 13th.
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Carmanah Technologies Company Profile
Carmanah Technologies Corporation designs, develops, and distributes products focused on energy optimized light LED solutions for infrastructure worldwide. It operates in Signals and Illumination segments. The Signals segment provides solar LED flashing beacons, including pedestrian crosswalk signals, school zone flashers, and 24-hr roadway beacons for various roadway applications; a range of marine lighting solutions to coast guards, marine authorities, navies, and ports; and LED aviation lighting solutions, such as approach lightings, apron lightings, and solar and hybrid power systems.
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