LeoNovus (CVE:LTV) Stock Price Down 25%

Shares of LeoNovus Inc (CVE:LTV) dropped 25% on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, approximately 110,750 shares traded hands during trading. A decline of 60% from the average daily volume of 278,295 shares. The stock had previously closed at C$0.02.

The company has a debt-to-equity ratio of 49.14, a quick ratio of 3.66 and a current ratio of 3.92. The company has a market cap of $5.71 million and a P/E ratio of -0.79. The stock has a 50-day moving average of C$0.03 and a two-hundred day moving average of C$0.05.

About LeoNovus (CVE:LTV)

LeoNovus Inc, a cloud solutions software company, provides software defined object storage solutions; and governance, risk management, and compliance solutions for enterprises. Its algorithms virtualize, transform, slice, and disperse data across a network of on-premises, hybrid, or multi-cloud storage nodes.

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