TrueContext (CVE:PFM) Shares Cross Above 50-Day Moving Average – Here’s Why

Shares of TrueContext Co. (CVE:PFMGet Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.60 and traded as high as C$0.60. TrueContext shares last traded at C$0.60, with a volume of 2,000 shares trading hands.

TrueContext Price Performance

The company has a debt-to-equity ratio of -228.50, a current ratio of 1.29 and a quick ratio of 1.17. The company has a fifty day moving average price of C$0.60 and a 200 day moving average price of C$0.60. The company has a market capitalization of C$80.08 million, a P/E ratio of -20.00 and a beta of 0.35.

About TrueContext

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TrueContext Corporation researches, develops, and markets mobile business solutions for enterprises to automate field sales, field service, and other field data collection business processes. It offers ProntoForms mobile workflow management app solution that enables remote workers to collect data on a mobile device; access company data in the field; and automatically share the results with back-office systems, cloud services, and people, as well as companies to track, analyze, and enhance processes.

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