Shares of Innovotech Inc. (CVE:IOT – Get Free Report) reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.15 and last traded at C$0.14, with a volume of 16000 shares trading hands. The stock had previously closed at C$0.14.
Innovotech Trading Up 3.7 %
The firm’s fifty day moving average price is C$0.14 and its 200-day moving average price is C$0.13. The company has a market cap of C$5.46 million, a price-to-earnings ratio of -14.00 and a beta of 1.15. The company has a debt-to-equity ratio of 12.55, a current ratio of 2.63 and a quick ratio of 5.81.
About Innovotech
Innovotech Inc provides assay kits used in growing microbial biofilms for research purposes in Canada, the United States, and internationally. The company offers InnovoSIL, a silver periodate antimicrobial compounds for medical applications; MBEC Assay kit, a petri dish for biofilms, which are used for research and medical device testing of microbial biofilms; and AgreGuard, an antimicrobial for crop protection.
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