Shares of Innovotech Inc. (CVE:IOT – Get Free Report) were up 22.7% on Monday . The stock traded as high as C$0.27 and last traded at C$0.27. Approximately 386,375 shares traded hands during mid-day trading, an increase of 411% from the average daily volume of 75,557 shares. The stock had previously closed at C$0.22.
Innovotech Stock Performance
The company has a market capitalization of C$10.53 million, a PE ratio of -27.00 and a beta of 1.15. The company has a 50 day moving average of C$0.15 and a two-hundred day moving average of C$0.17. The company has a debt-to-equity ratio of 12.55, a current ratio of 2.63 and a quick ratio of 5.81.
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.
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