Innovotech Inc. (CVE:IOT – Get Free Report) rose 11.1% during trading on Monday . The company traded as high as C$0.20 and last traded at C$0.20. Approximately 10,000 shares traded hands during mid-day trading, an increase of 158% from the average daily volume of 3,880 shares. The stock had previously closed at C$0.18.
Innovotech Stock Performance
The company has a quick ratio of 5.81, a current ratio of 2.63 and a debt-to-equity ratio of 12.55. The firm has a 50-day moving average of C$0.18 and a 200 day moving average of C$0.15. The stock has a market capitalization of C$7.80 million, a P/E ratio of -20.00 and a beta of 1.15.
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.
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