Midpoint (MPT) Hits New 1-Year Low at $0.03

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Midpoint Holdings Ltd (CVE:MPT)’s share price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.03 and last traded at C$0.04, with a volume of 104000 shares traded. The stock had previously closed at C$0.04.

The firm has a market capitalization of $3.64 million and a PE ratio of -5.83.

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Midpoint Company Profile (CVE:MPT)

Midpoint Holdings Ltd., a Web-based enterprise, engages in the peer to peer (P2P) foreign exchange business in Canada. It operates a peer-to-peer foreign exchange matching platform that matches buyers and sellers of foreign currency, and transfers the funds to their location through an intermediary third-party payment provider.

Further Reading: How to trade on quiet period expirations

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