Unisync (TSE:UNI) Trading Down 1.7% – Time to Sell?

Unisync Corp. (TSE:UNI)’s stock price dropped 1.7% during trading on Monday . The stock traded as low as C$1.70 and last traded at C$1.70. Approximately 10,585 shares traded hands during trading, a decline of 65% from the average daily volume of 30,120 shares. The stock had previously closed at C$1.73.

Unisync Price Performance

The business has a 50-day simple moving average of C$1.56 and a two-hundred day simple moving average of C$1.37. The company has a quick ratio of 0.23, a current ratio of 0.86 and a debt-to-equity ratio of 377.49. The stock has a market capitalization of C$32.32 million, a price-to-earnings ratio of 170.00 and a beta of -0.40.

About Unisync

Unisync Corp is a vertically integrated North American company involved in garment design, domestic and offshore manufacturing, warehousing, and distribution. It operates in two main business segments. The Peerless segment manufactures harsh weather outerwear for the Canadian military and other government agencies. The UGL segment is involved in the design, manufacture, and distribution of direct sale uniforms, workwear, image apparel, and related solutions. It operates distribution centers in Guelph and Carleton Place, Ontario, Vancouver, British Columbia, Saint-Laurent, Quebec, Farmingdale, New Jersey and Henderson, Nevada.