Shares of CounterPath, Corp. (TSE:PATH) (NASDAQ:CPAH) rose 3.4% during trading on Friday . The stock traded as high as C$1.50 and last traded at C$1.50, approximately 500 shares traded hands during mid-day trading. A decline of 57% from the average daily volume of 1,160 shares. The stock had previously closed at C$1.45.

The company has a debt-to-equity ratio of 93.00, a quick ratio of 0.77 and a current ratio of 0.85. The stock has a market capitalization of $8.87 million and a P/E ratio of -1.78. The firm’s fifty day simple moving average is C$1.85 and its 200 day simple moving average is C$2.09.

About CounterPath (TSE:PATH)

CounterPath Corporation designs, develops, and sells software and services that enable enterprises and telecommunication service providers to deliver unified communications services over Internet protocol based networks in North America and internationally. Its products include Bria softphone suite, which enables consumers and business users to make voice over Internet protocol (VoIP) audio and video calls, send instant messages, manage their presence, share their screen, and collaborate with other users using desktop computers and laptops, smartphones, and tablets; and X-Lite, a standards-based VoIP softphone application that runs on desktop computers.

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