Innovotech (CVE:IOT) Stock Passes Below 50 Day Moving Average – Should You Sell?

Innovotech Inc. (CVE:IOTGet Free Report) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.18 and traded as low as C$0.15. Innovotech shares last traded at C$0.15, with a volume of 64,000 shares trading hands.

Innovotech Trading Up 7.1 %

The company has a debt-to-equity ratio of 12.55, a current ratio of 2.63 and a quick ratio of 5.81. The stock has a market capitalization of C$5.85 million, a P/E ratio of -15.00 and a beta of 1.15. The stock’s fifty day moving average price is C$0.18 and its 200 day moving average price is C$0.16.

Innovotech Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Innovotech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innovotech and related companies with MarketBeat.com's FREE daily email newsletter.