Cypress Development (CVE:CYP) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Cypress Development Corp. (CVE:CYPGet Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.09 and traded as high as C$1.09. Cypress Development shares last traded at C$1.09, with a volume of 33,605 shares trading hands.

Cypress Development Stock Performance

The company has a 50 day moving average of C$1.09 and a two-hundred day moving average of C$1.09. The company has a debt-to-equity ratio of 1.50, a current ratio of 42.83 and a quick ratio of 42.15. The company has a market capitalization of C$159.72 million and a PE ratio of -43.60.

Cypress Development Company Profile

(Get Free Report)

Cypress Development Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in the United States and Canada. It explores for lithium, zinc, and silver deposits. The company's flagship project is the Clayton Valley project that covers an area of approximately 5,430 acres located in southwest Nevada.

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