Innovotech Inc. (CVE:IOT – Get Free Report)’s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.23 and traded as low as C$0.19. Innovotech shares last traded at C$0.20, with a volume of 27,000 shares.
Innovotech Trading Down 4.8%
The company has a debt-to-equity ratio of 12.55, a quick ratio of 5.81 and a current ratio of 2.63. The company has a market capitalization of C$10.89 million, a P/E ratio of 108.40 and a beta of 2.86. The company’s fifty day simple moving average is C$0.20 and its 200-day simple moving average is C$0.23.
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. It also provides antimicrobial contract research and antimicrobial testing; antimicrobial and anti-biofilm agents; antimicrobial and anti-biofilm materials; BEST assay testing; implanted medical devices; bacteriophage testing; and analytical services.
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