TrueContext (CVE:PFM) Stock Price Passes Above 50-Day Moving Average – Here’s Why

TrueContext Co. (CVE:PFMGet Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.60 and traded as high as C$0.60. TrueContext shares last traded at C$0.60, with a volume of 2,000 shares trading hands.

TrueContext Stock Performance

The stock has a market capitalization of C$80.08 million, a P/E ratio of -20.00 and a beta of 0.35. The company has a 50 day simple moving average of C$0.60 and a 200-day simple moving average of C$0.60. The company has a debt-to-equity ratio of 692.26, a current ratio of 1.07 and a quick ratio of 1.17.

TrueContext Company Profile

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TrueContext Corporation researches, develops, and markets mobile business solutions for enterprises to automate field sales, field service, and other field data collection business processes. It offers ProntoForms mobile workflow management app solution that enables remote workers to collect data on a mobile device; access company data in the field; and automatically share the results with back-office systems, cloud services, and people, as well as companies to track, analyze, and enhance processes.

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