MediaValet (CVE:MVP) Stock Jumps 2.9% – Here’s What Happened

MediaValet Inc. (CVE:MVP – Get Free Report) rose 2.9% during mid-day trading on Tuesday. The stock traded as high as C$2.52 and last traded at C$2.50. Approximately 29,210 shares traded hands during trading, a decline of 39% from the average daily volume of 47,658 shares. The stock had previously closed at C$2.43.

MediaValet Stock Performance

The firm has a market capitalization of C$95.48 million and a price-to-earnings ratio of -19.23. The company has a 50-day moving average price of C$2.50 and a 200-day moving average price of C$2.50. The company has a quick ratio of 2.13, a current ratio of 2.25 and a debt-to-equity ratio of 22.52.

MediaValet Company Profile

(Get Free Report)

MediaValet Inc. develops and delivers enterprise cloud software to manage the digital media assets worldwide. It offers Enterprise Digital Asset Management (DAM) platform that helps to create, find, work with, manage, and share digital assets; CreativeSPACES, a hybrid cloud/on premise tool for collaborating between team members, the core DAM, and other media creation software; and other modules modules for advanced artificial intelligence, audio/video intelligence, mobile support, content publishing, and open application programming interface developer tools.

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