Victory Square Technologies (OTCMKTS:VSQTF) Shares Down 7.8% – Time to Sell?

Victory Square Technologies Inc. (OTCMKTS:VSQTF) traded down 7.8% on Tuesday. The stock traded as low as $0.30 and last traded at $0.30. 93,486 shares changed hands during trading, an increase of 122% from the average daily volume of 42,038 shares. The stock had previously closed at $0.3255.

Victory Square Technologies Stock Down 4.0%

The business has a 50-day simple moving average of $0.36 and a two-hundred day simple moving average of $0.43. The company has a market cap of $32.32 million, a price-to-earnings ratio of 6.20 and a beta of 1.88. The company has a quick ratio of 5.04, a current ratio of 5.04 and a debt-to-equity ratio of 0.19.

Victory Square Technologies (OTCMKTS:VSQTF) last issued its quarterly earnings data on Monday, August 31st. The company reported $0.01 EPS for the quarter. Victory Square Technologies had a return on equity of 15.90% and a net margin of 6.20%. The business had revenue of $20.25 million for the quarter.

Victory Square Technologies Company Profile

Victory Square Technologies Inc. is a Vancouver-based technology investment and venture-building company. It focuses on identifying, developing and supporting early-stage businesses that use emerging technologies to address opportunities in areas such as financial technology, health technology, artificial intelligence, blockchain and digital media. The company works through a portfolio of subsidiaries and affiliated businesses, providing capital, strategic guidance, operational support and access to its corporate and technology network.