Shares of Innovotech Inc. (CVE:IOT – Get Free Report) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.11 and traded as high as C$0.15. Innovotech shares last traded at C$0.15, with a volume of 3,000 shares trading hands.
Innovotech Price Performance
The firm has a market cap of C$5.66 million, a price-to-earnings ratio of -12.00 and a beta of 0.86. The company has a debt-to-equity ratio of 1.53, a quick ratio of 5.81 and a current ratio of 2.70. The business has a 50 day simple moving average of C$0.11 and a 200-day simple moving average of C$0.10.
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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