Shares of Innovotech Inc. (CVE:IOT – Get Free Report) shot up 7.7% on Friday . The stock traded as high as C$0.14 and last traded at C$0.14. 136,250 shares changed hands during mid-day trading, an increase of 811% from the average session volume of 14,950 shares. The stock had previously closed at C$0.13.
Innovotech Price Performance
The stock has a market cap of C$5.85 million, a P/E ratio of -15.00 and a beta of 1.15. The business has a 50 day simple moving average of C$0.14 and a 200-day simple moving average of C$0.12. The company has a debt-to-equity ratio of 12.55, a quick ratio of 5.81 and a current ratio of 2.63.
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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