TIMIA Capital (CVE:TCA) Shares Down 12.3% – Here’s Why

TIMIA Capital Corp. (CVE:TCA)’s stock price 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 stock’s fifty day moving average price is C$0.50 and its 200-day moving average price is C$0.50. The company has a debt-to-equity ratio of 492.31, a quick ratio of 0.13 and a current ratio of 1.02. The firm has a market cap of C$29.80 million and a PE ratio of -19.23.

About TIMIA Capital

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.