Smart Employee Benefits (CVE:SEB) Stock Passes Below 50-Day Moving Average – Time to Sell?

Smart Employee Benefits Inc. (CVE:SEB)’s share price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.30 and traded as low as C$0.30. Smart Employee Benefits shares last traded at C$0.30, with a volume of 11,100 shares.

Smart Employee Benefits Trading Up 1.7%

The firm’s 50 day moving average price is C$0.30 and its 200-day moving average price is C$0.30. The company has a debt-to-equity ratio of 1,180.39, a current ratio of 0.47 and a quick ratio of 0.43. The stock has a market cap of C$52.63 million, a P/E ratio of -6.00 and a beta of 1.66.

About Smart Employee Benefits

Smart Employee Benefits Inc, a technology company, provides business process automation and software solutions, and professional services in Canada and internationally. It operates through Benefits and Technology segments. The Benefits segment offers software solutions, services, and products that focuses on managing group benefit and wellness plans for corporate and government clients. The Technology segment provides solutions in the areas of supply chain management, integration, and energy, as well as resource provisioning; and technical infrastructure support services.