Nanotech Security (CVE:NTS) Shares Cross Below Fifty Day Moving Average – Here’s Why

Nanotech Security Corp. (CVE:NTS)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.25 and traded as low as C$1.24. Nanotech Security shares last traded at C$1.25, with a volume of 41,487 shares.

Nanotech Security Price Performance

The stock has a market cap of C$86.75 million and a price-to-earnings ratio of -59.52. The stock’s 50 day moving average price is C$1.25 and its two-hundred day moving average price is C$1.25. The company has a quick ratio of 4.61, a current ratio of 4.92 and a debt-to-equity ratio of 3.39.

About Nanotech Security

Nanotech Security Corp. researches, creates, and produces nano-optic structures and color shifting materials for authentication and brand enhancement applications in Canada and internationally. The company offers currency authentication products, such as security foils and stripes under the KolourDepth and M2 names; and colour-shifting foils and threads under the LumaChrome name for banknotes and government IDs.