Memex (CVE:OEE) Trading Up 16.7%

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Memex Inc (CVE:OEE) was up 16.7% on Friday . The stock traded as high as C$0.04 and last traded at C$0.04, approximately 511,000 shares were traded during mid-day trading. An increase of 89% from the average daily volume of 270,971 shares. The stock had previously closed at C$0.03.

The company has a debt-to-equity ratio of 624.11, a current ratio of 1.30 and a quick ratio of 1.07. The company has a 50-day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.04. The stock has a market capitalization of $4.03 million and a price-to-earnings ratio of -5.00.

About Memex (CVE:OEE)

Memex Inc develops, commercializes, and manufactures a suite of products for the discrete manufacturing and aerospace sectors in Canada, the United States, and internationally. The company primarily offers MERLIN, a software-driven industrial Internet of Things communications platform that provides manufacturing analytics in real time comprising overall equipment effectiveness.

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