Input Capital (CVE:INP) Shares Cross Below Two Hundred Day Moving Average – Here’s Why

Input Capital Corp. (CVE:INP) shares passed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.84 and traded as low as C$0.84. Input Capital shares last traded at C$0.84, with a volume of 33,870 shares changing hands.

Input Capital Stock Down 2.3%

The company has a debt-to-equity ratio of 4.37, a current ratio of 8.89 and a quick ratio of 7.37. The company has a market capitalization of C$17.04 million and a price-to-earnings ratio of 40.00. The firm has a 50-day moving average price of C$0.84 and a two-hundred day moving average price of C$0.84.

About Input Capital

Input Capital Corp. operates as an agricultural commodity streaming company in Canada. The company buys and sells canola from prairie farmers through multi-year streaming contracts. It also provides capital to farmers to assist with the working capital needs, mortgage finance, and crop marketing issues, as well as offers multi-year crop marketing solutions to farmers. Input Capital Corp. was founded in 2012 and is headquartered in Regina, Canada.