Century Global Commodities (TSE:CNT) Stock Passes Below 50 Day Moving Average – What’s Next?

Century Global Commodities Co. (TSE:CNT) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.04 and traded as low as C$0.04. Century Global Commodities shares last traded at C$0.04, with a volume of 285,275 shares trading hands.

Century Global Commodities Stock Performance

The company has a market capitalization of C$4.73 million, a P/E ratio of -7.13 and a beta of -1.07. The company has a current ratio of 2.84, a quick ratio of 3.86 and a debt-to-equity ratio of 0.85. The company’s fifty day moving average is C$0.04 and its 200 day moving average is C$0.05.

Century Global Commodities Company Profile

Century Global Commodities Corp is a diversified company and primarily engaged in exploration and mining activities with assets in the Provinces of Newfoundland and Labrador, and Quebec, Canada. It also has operations in the distribution of food in China. Its segments include the Mining segment, which engages in the exploration and development of mineral projects in Canada and the investment in global mining securities; the Food segment, which engages in the distribution of food and the provision of food service in Hong Kong and Mainland China; and the Corporate segment, which mainly represents the group’s corporate and managerial functions.