Goldmoney (TSE:XAU) Shares Down 1.4% – Time to Sell?

Goldmoney Inc. (TSE:XAU)’s share price was down 1.4% during trading on Wednesday . The company traded as low as C$10.24 and last traded at C$10.30. Approximately 6,151 shares traded hands during trading, a decline of 15% from the average daily volume of 7,268 shares. The stock had previously closed at C$10.45.

Goldmoney Price Performance

The company has a current ratio of 1.39, a quick ratio of 6.53 and a debt-to-equity ratio of 24.24. The stock has a market cap of C$130.04 million, a PE ratio of 4.68 and a beta of 0.52. The business has a fifty day simple moving average of C$11.22 and a two-hundred day simple moving average of C$9.98.

About Goldmoney

Goldmoney Inc (TSX: XAU) is a precious metal focused global business. Through its ownership of various operating subsidiaries, the company is engaged in precious metal sales to its clients, including arranging delivery and storage of precious metals for its clients, coin retailing, and lending. Goldmoney clients located in over 150 countries hold nearly $3 billion in precious metal assets. The company’s operating subsidiaries include: Goldmoney.com, SchiffGold.com and Lend & Borrow Trust. In addition to the Company’s principal business segments, the Company holds a significant interest in Mene Inc, which crafts pure 24-karat gold and platinum investment jewelry that is sold by gram weight.