Mint (CVE:MIT) Stock Crosses Below 50 Day Moving Average – Should You Sell?

The Mint Co. (CVE:MITGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.03 and traded as low as C$0.03. Mint shares last traded at C$0.03, with a volume of 12,000 shares.

Mint Price Performance

The firm has a fifty day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03. The company has a quick ratio of 3.38, a current ratio of 1.46 and a debt-to-equity ratio of 78.57. The stock has a market capitalization of C$7.08 million, a P/E ratio of -3.00 and a beta of 0.36.

About Mint

(Get Free Report)

The Mint Corporation, through its subsidiaries, provides vertically integrated prepaid card and payroll services primarily in the Middle East. It manages the issuance, administration, customer support, payment processing, set-up, sponsorship, and regulated reporting of cards and related activities to government authorities. It offers its solutions through a network of ATMs, payment processing platforms, and branded card products. The company was formerly known as Mint Technology Corp. and changed its name to The Mint Corporation in August 2013.

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