Century Global Commodities (TSE:CNT) Shares Cross Above 50-Day Moving Average – Here’s Why

Shares of Century Global Commodities Co. (TSE:CNT) crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.05 and traded as high as C$0.05. Century Global Commodities shares last traded at C$0.05, with a volume of 18,000 shares changing hands.

Century Global Commodities Price Performance

The firm has a fifty day moving average price of C$0.05 and a two-hundred day moving average price of C$0.05. The company has a quick ratio of 3.86, a current ratio of 2.84 and a debt-to-equity ratio of 0.85. The stock has a market capitalization of C$5.91 million, a P/E ratio of -8.91 and a beta of -0.94.

About Century Global Commodities

Century Global Commodities Corp is a diversified company and primarily engaged in exploration and mining activities with assets in the Provinces of Newfoundland and Labrador, and Quebec, Canada. It also has operations in the distribution of food in China. Its segments include the Mining segment, which engages in the exploration and development of mineral projects in Canada and the investment in global mining securities; the Food segment, which engages in the distribution of food and the provision of food service in Hong Kong and Mainland China; and the Corporate segment, which mainly represents the group’s corporate and managerial functions.