Avante (CVE:XX) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Avante Corp. (CVE:XX)’s share price crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$1.12 and traded as low as C$1.06. Avante shares last traded at C$1.10, with a volume of 2,261 shares.

Avante Stock Down 1.8%

The firm has a market capitalization of C$29.31 million, a PE ratio of -32.35 and a beta of 0.42. The company has a debt-to-equity ratio of 11.83, a quick ratio of 2.77 and a current ratio of 1.69. The company has a fifty day simple moving average of C$1.12 and a two-hundred day simple moving average of C$0.98.

About Avante

Avante Corp. develops security technologies, products, and solutions in Canada, the United States, Israel, Egypt, Italy, Kuwait, the United Kingdom, and internationally. The company provides system design, sales, installations, and monitoring services, including alarm response and patrols, personal protection, house staff training, and secure transportation. It offers consulting and installation services for automation and security solutions for the residential market; intelligent perimeter protection video analytics and rapid alarm response services; and Closed Circuit Television (CCTV), access controls, and security services for travelling executives, as well as specialized security services, such as security, cyber monitoring, investigations, and international secured transportation.