TIMIA Capital (CVE:TCA) Stock Falls 12.3% – Time to Sell?

TIMIA Capital Corp. (CVE:TCA) dropped 12.3% on Tuesday. The company traded as low as C$0.47 and last traded at C$0.50. 44,450 shares traded hands during trading, a decline of 9% from the average session volume of 48,686 shares. The stock had previously closed at C$0.57.

TIMIA Capital Price Performance

The company has a 50 day moving average of C$0.50 and a 200-day moving average of C$0.50. The firm has a market capitalization of C$29.80 million and a P/E ratio of -19.23. The company has a current ratio of 1.02, a quick ratio of 0.13 and a debt-to-equity ratio of 492.31.

TIMIA Capital Company Profile

TIMIA Capital Corp. provides short term and revenue finance loans to technology companies in Canada and the United States. It also manages a portfolio of equity investments. The company was formerly known as GreenAngel Energy Corp. and changed its name to TIMIA Capital Corp. in September 2015. TIMIA Capital Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.