Avante (CVE:XX) Hits New 12-Month High – Still a Buy?

Shares of Avante Corp. (CVE:XX) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$1.70 and last traded at C$1.70, with a volume of 23316 shares trading hands. The stock had previously closed at C$1.57.

Avante Price Performance

The stock has a market capitalization of C$43.97 million, a P/E ratio of -68.75 and a beta of -0.33. The business has a fifty day simple moving average of C$1.35 and a 200 day simple moving average of C$1.26. The company has a current ratio of 1.83, a quick ratio of 2.77 and a debt-to-equity ratio of 11.09.

Avante Company Profile

Avante Corp. develops security technologies, products, and solutions in Canada, the United States, Israel, Egypt, Italy, Kuwait, the United Kingdom, and internationally. The company provides system design, sales, installations, and monitoring services, including alarm response and patrols, personal protection, house staff training, and secure transportation. It offers consulting and installation services for automation and security solutions for the residential market; intelligent perimeter protection video analytics and rapid alarm response services; and Closed Circuit Television (CCTV), access controls, and security services for travelling executives, as well as specialized security services, such as security, cyber monitoring, investigations, and international secured transportation.