Innovotech (CVE:IOT) Shares Pass Above 50-Day Moving Average of $0.10

Innovotech Inc. (CVE:IOTGet Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.10 and traded as high as C$0.10. Innovotech shares last traded at C$0.10, with a volume of 6,000 shares changing hands.

Innovotech Trading Down 16.7 %

The company has a debt-to-equity ratio of 1.53, a quick ratio of 5.81 and a current ratio of 6.59. The firm has a market cap of C$3.89 million, a price-to-earnings ratio of -10.00 and a beta of 0.86. The business has a fifty day simple moving average of C$0.10 and a 200-day simple moving average of C$0.10.

About Innovotech

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Innovotech Inc offers 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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