Innovotech Inc. (CVE:IOT – Get Free Report)’s share price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.25 and traded as high as C$0.27. Innovotech shares last traded at C$0.27, with a volume of 1,000 shares changing hands.
Innovotech Stock Up 6.0%
The stock has a fifty day simple moving average of C$0.25 and a two-hundred day simple moving average of C$0.24. The firm has a market cap of C$13.78 million, a PE ratio of 48.32 and a beta of 2.39. The company has a current ratio of 2.63, a quick ratio of 5.81 and a debt-to-equity ratio of 12.55.
Innovotech Company Profile
Innovotech Inc provides assay kits used in growing microbial biofilms for research purposes in Canada, the United States, and internationally. The company offers InnovoSIL, a silver periodate antimicrobial compounds for medical applications; MBEC Assay kit, a petri dish for biofilms, which are used for research and medical device testing of microbial biofilms; and AgreGuard, an antimicrobial for crop protection. It also provides antimicrobial contract research and antimicrobial testing; antimicrobial and anti-biofilm agents; antimicrobial and anti-biofilm materials; BEST assay testing; implanted medical devices; bacteriophage testing; and analytical services.
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