Lite Access Technologies Inc. manufactures, distributes, sells, and installs fiber optic technology specializing in micro-duct and air-blown fiber in Canada, and the United States. The company operates through Product and Fibre Optic Installation segments. It offers micro-duct, air-blown fiber, and micro and narrow trench installation services for use in various communication networks. In addition, the company provides direct bury, aerial micro-duct, fibre optic mini-cable, low fire hazard, and access specialty products. Further, it offers breeze machine and cutting equipment; and the LiteXtend solution, a pre-connectorized micro-duct fibre bundle. The company serves municipal and regional governments, telecom carriers and internet service providers, first nations communities, and fibre to the home/premises, as well as intelligent traffic control, healthcare, point to point, and education networks. Lite Access Technologies Inc. was incorporated in 2003 and is headquartered in Surrey, Canada.
Research context
Lite Access Technologies Inc appears in PyInvesting’s TSX Venture Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
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- CAD
- Sector
- Technology
- Industry
- Communication Equipment
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5 years, 6 months ago
Lite Access Technologies Inc is currently in a long term downtrend where the price is trading 36.2% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.6.
Lite Access Technologies Inc's total revenue rose by 455.8% to $6M since the same quarter in the previous year.
Its net income has increased by 20.3% to $-763K since the same quarter in the previous year.
Finally, its free cash flow grew by 79.2% to $-176K since the same quarter in the previous year.
Based on the above factors, Lite Access Technologies Inc gets an overall score of 4/5.