Titan Logix (CVE:TLA) Stock Price Down 4.8% – Here’s What Happened

Shares of Titan Logix Corp. (CVE:TLAGet Free Report) were down 4.8% on Thursday . The company traded as low as C$0.50 and last traded at C$0.50. Approximately 37,776 shares changed hands during mid-day trading, an increase of 144% from the average daily volume of 15,496 shares. The stock had previously closed at C$0.52.

Titan Logix Stock Performance

The business’s fifty day moving average is C$0.52 and its two-hundred day moving average is C$0.53. The company has a quick ratio of 22.09, a current ratio of 18.61 and a debt-to-equity ratio of 3.43. The stock has a market capitalization of C$13.13 million, a PE ratio of -9.80 and a beta of 1.04.

About Titan Logix

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Titan Logix Corp. develops, manufactures, and markets technology fluid management solutions in Canada, the United States, and internationally. The company provides mobile liquid measurement solutions, such as pump, valve, and rack control. It also offers mobile monitoring systems and smart truck systems. In addition, the company provides hardware products, including level gauges, probes, transmitters, displays, and mobile accessories; and software for programming and configuration of TD series transmitters.

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