TrueContext (CVE:PFM) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

TrueContext Co. (CVE:PFMGet Free Report)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.60 and traded as high as C$0.60. TrueContext shares last traded at C$0.60, with a volume of 2,000 shares changing hands.

TrueContext Price Performance

The firm has a 50-day simple moving average of C$0.60 and a two-hundred day simple moving average of C$0.60. The company has a market capitalization of C$80.08 million, a price-to-earnings ratio of -20.00 and a beta of 0.35. The company has a current ratio of 1.07, a quick ratio of 1.17 and a debt-to-equity ratio of 692.26.

About TrueContext

(Get Free Report)

TrueContext Corporation researches, develops, and markets mobile business solutions for enterprises to automate field sales, field service, and other field data collection business processes. It offers ProntoForms mobile workflow management app solution that enables remote workers to collect data on a mobile device; access company data in the field; and automatically share the results with back-office systems, cloud services, and people, as well as companies to track, analyze, and enhance processes.

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