Innovotech (CVE:IOT) Sets New 52-Week High – What’s Next?

Shares of Innovotech Inc. (CVE:IOTGet Free Report) reached a new 52-week high on Tuesday . The company traded as high as C$0.15 and last traded at C$0.15, with a volume of 43597 shares. The stock had previously closed at C$0.13.

Innovotech Trading Up 6.7 %

The company has a quick ratio of 5.81, a current ratio of 2.63 and a debt-to-equity ratio of 12.55. The company has a market cap of C$6.24 million, a P/E ratio of -16.00 and a beta of 1.15. The business has a 50-day moving average price of C$0.14 and a two-hundred day moving average price of C$0.13.

About Innovotech

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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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