Mint (CVE:MIT) Shares Pass Above 50 Day Moving Average – Here’s What Happened

The Mint Co. (CVE:MIT)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.03 and traded as high as C$0.04. Mint shares last traded at C$0.03, with a volume of 12,000 shares changing hands.

Mint Stock Performance

The company has a debt-to-equity ratio of 78.57, a quick ratio of 3.38 and a current ratio of 1.46. The stock’s 50-day simple moving average is C$0.03 and its two-hundred day simple moving average is C$0.03. The stock has a market cap of C$7.08 million, a price-to-earnings ratio of -3.00 and a beta of 0.36.

Mint Company Profile

The Mint Corporation, through its subsidiaries, provides vertically integrated prepaid card and payroll services primarily in the Middle East. It manages the issuance, administration, customer support, payment processing, set-up, sponsorship, and regulated reporting of cards and related activities to government authorities. It offers its solutions through a network of ATMs, payment processing platforms, and branded card products. The company was formerly known as Mint Technology Corp. and changed its name to The Mint Corporation in August 2013.