Innovotech Inc. (CVE:IOT – Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as C$0.10 and last traded at C$0.10, with a volume of 10000 shares. The stock had previously closed at C$0.10.
Innovotech Price Performance
The firm has a market cap of C$5.44 million, a P/E ratio of -14.69 and a beta of 2.62. The stock’s 50-day moving average is C$0.15 and its 200-day moving average is C$0.21. The company has a quick ratio of 5.81, a current ratio of 2.63 and a debt-to-equity ratio of 12.55.
Innovotech Company Profile
Innovotech Inc provides assay kits used in growing microbial biofilms for research purposes in Canada, the United States, and internationally. The company offers InnovoSIL, a silver periodate antimicrobial compounds for medical applications; MBEC Assay kit, a petri dish for biofilms, which are used for research and medical device testing of microbial biofilms; and AgreGuard, an antimicrobial for crop protection. It also provides antimicrobial contract research and antimicrobial testing; antimicrobial and anti-biofilm agents; antimicrobial and anti-biofilm materials; BEST assay testing; implanted medical devices; bacteriophage testing; and analytical services.
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