Innovotech Inc. (CVE:IOT – Get Free Report)’s stock price hit a new 52-week low on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07, with a volume of 9000 shares traded. The stock had previously closed at C$0.09.
Innovotech Trading Down 16.7%
The stock has a market capitalization of C$4.08 million, a P/E ratio of -11.02 and a beta of 2.64. The company has a debt-to-equity ratio of 12.55, a current ratio of 2.63 and a quick ratio of 5.81. The business’s 50 day simple moving average is C$0.13 and its 200-day simple moving average is C$0.19.
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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