TrueContext (CVE:PFM) Shares Climb 1.7% – Should You Buy?

TrueContext Co. (CVE:PFM – Get Free Report) shot up 1.7% during mid-day trading on Tuesday. The company traded as high as C$0.60 and last traded at C$0.60. Approximately 2,000 shares were traded during trading, a decline of 91% from the average daily volume of 22,240 shares. The stock had previously closed at C$0.59.

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 firm’s 50 day moving average is C$0.60 and its 200 day moving average is C$0.60. The firm has a market cap of C$80.08 million, a P/E ratio of -20.00 and a beta of 0.35.

About TrueContext

(Get Free Report)

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.

Further Reading

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