Lingo Media (CVE:LM) Trading 9.1% Higher

Lingo Media Co. (CVE:LM) traded up 9.1% during trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.06, 4,000 shares changed hands during mid-day trading. A decline of 92% from the average session volume of 51,391 shares. The stock had previously closed at C$0.06.

The company has a debt-to-equity ratio of 48.09, a current ratio of 1.94 and a quick ratio of 1.79. The company has a market capitalization of $2.13 million and a price-to-earnings ratio of 30.00. The business’s 50 day simple moving average is C$0.09 and its 200 day simple moving average is C$0.14.

Lingo Media Company Profile (CVE:LM)

Lingo Media Corporation develops, markets, and supports a suite of English language learning solutions in the People's Republic of China. The company operates in two segments, Print-based English Language Learning and Online English Language Learning. The Print-based English Language Learning segment publishes print-based English language learning textbook programs.

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