Innovotech Inc. (CVE:IOT – Get Free Report) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$0.25 and traded as high as C$0.27. Innovotech shares last traded at C$0.27, with a volume of 1,000 shares trading hands.
Innovotech Stock Performance
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$13.78 million, a P/E ratio of 48.32 and a beta of 2.39. The stock’s 50 day moving average price is C$0.25 and its 200 day moving average price is C$0.24.
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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