Protech Home Medical (CVE:PHM) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

Protech Home Medical Corp. (CVE:PHM)’s share price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$0.12 and traded as low as C$0.11. Protech Home Medical shares last traded at C$0.12, with a volume of 1,528,975 shares traded.

Protech Home Medical Stock Down 4.2%

The stock has a market cap of C$47.90 million and a P/E ratio of 57.50. The company has a quick ratio of 0.76, a current ratio of 1.19 and a debt-to-equity ratio of 103.78. The business has a 50-day simple moving average of C$0.12 and a 200-day simple moving average of C$0.12.

About Protech Home Medical

Protech Home Medical Corp. provides and rents in-home monitoring equipment and services for patients in the United States. It offers daily and ambulatory aides; power mobility equipment; INR self-testing equipment; BiPAP and CPAP machines, oxygen concentrators, and ventilators; oxygen therapy; sleep apnea and PAP treatment equipment; and home ventilator equipment The company was formerly known as Patient Home Monitoring Corp. and changed its name to Protech Home Medical Corp. in May 2018. Protech Home Medical Corp.