Memex (CVE:OEE) Shares Cross Below 50 Day Moving Average – Here’s What Happened

Memex Inc. (CVE:OEE) shares crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.01 and traded as low as C$0.01. Memex shares last traded at C$0.01, with a volume of 83,000 shares changing hands.

Memex Stock Performance

The stock has a market cap of C$688,100.00, a price-to-earnings ratio of -5.00 and a beta of 2.02. The company’s 50 day simple moving average is C$0.01 and its 200 day simple moving average is C$0.01. The company has a debt-to-equity ratio of 624.11, a quick ratio of 0.31 and a current ratio of 0.31.

About Memex

Memex Inc develops, commercializes, and manufactures a suite of products for its customers in the discrete manufacturing and aerospace sectors worldwide. The company primarily offers MERLIN Tempus equips industrial machines with the necessary interfaces that enable data-driven manufacturing; MERLIN Tempus Enterprise Edition for enhancing the value of time with enterprise resource planning connectivity and job scheduling; and MERLIN financial overall equipment effectiveness (FOEE), which enables factory organizations to link their shop floor performance to actual profit dollars.