TrueContext (CVE:PFM) Stock Price Passes Below 200 Day Moving Average – Time to Sell?

Shares of TrueContext Co. (CVE:PFM) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.60 and traded as low as C$0.60. TrueContext shares last traded at C$0.60, with a volume of 2,000 shares.

TrueContext Price Performance

The company has a debt-to-equity ratio of 692.26, a quick ratio of 1.17 and a current ratio of 1.07. The stock has a market capitalization of C$80.08 million, a price-to-earnings ratio of -20.00 and a beta of 0.35. The business’s 50 day simple moving average is C$0.60 and its 200-day simple moving average is C$0.60.

About TrueContext

TrueContext Corporation researches, develops, and markets mobile business solutions for enterprises to automate field sales, field service, and other field data collection business processes. It offers ProntoForms mobile workflow management app solution that enables remote workers to collect data on a mobile device; access company data in the field; and automatically share the results with back-office systems, cloud services, and people, as well as companies to track, analyze, and enhance processes.