TrueContext (CVE:PFM) Stock Price Passes Below 200-Day Moving Average – What’s Next?

Shares of TrueContext Co. (CVE:PFMGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$0.60 and traded as low as C$0.60. TrueContext shares last traded at C$0.60, with a volume of 2,000 shares changing hands.

TrueContext Price Performance

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

About TrueContext

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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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