Protech Home Medical (CVE:PTQ) Shares Down 5.1% – Here’s Why

Protech Home Medical Corp. (CVE:PTQGet Free Report)’s share price fell 5.1% on Monday . The company traded as low as C$8.04 and last traded at C$8.24. Approximately 184,783 shares traded hands during mid-day trading, a decline of 59% from the average daily volume of 445,429 shares. The stock had previously closed at C$8.68.

Protech Home Medical Stock Performance

The stock has a market capitalization of C$232.51 million and a price-to-earnings ratio of -179.13. The company has a debt-to-equity ratio of 85.53, a current ratio of 1.40 and a quick ratio of 1.12. The stock has a 50-day moving average of C$8.24 and a 200 day moving average of C$8.24.

Protech Home Medical Company Profile

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Protech Home Medical Corp. provides in-home monitoring equipment, supplies, and services for patients in the United States. It offers daily and ambulatory aides; power mobility equipment; BiPAP and CPAP machines, oxygen concentrators, and ventilators; oxygen therapy; sleep apnea and PAP treatment equipment; disease management services; and home ventilator equipment, as well as rents respiratory equipment. The company was formerly known as Patient Home Monitoring Corp. and changed its name to Protech Home Medical Corp.

Further Reading

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