TIMIA Capital (CVE:TCA) Shares Down 12.3% – Here’s Why

TIMIA Capital Corp. (CVE:TCA)’s stock price traded down 12.3% during trading on Tuesday . The company traded as low as C$0.47 and last traded at C$0.50. 44,450 shares were traded during mid-day trading, a decline of 9% from the average session volume of 48,686 shares. The stock had previously closed at C$0.57.

TIMIA Capital Stock Down 12.3%

The company has a quick ratio of 0.13, a current ratio of 1.02 and a debt-to-equity ratio of 492.31. The company has a 50 day simple moving average of C$0.50 and a two-hundred day simple moving average of C$0.50. The company has a market capitalization of C$29.80 million and a P/E ratio of -19.23.

About TIMIA Capital

TIMIA Capital Corp. provides short term and revenue finance loans to technology companies in Canada and the United States. It also manages a portfolio of equity investments. The company was formerly known as GreenAngel Energy Corp. and changed its name to TIMIA Capital Corp. in September 2015. TIMIA Capital Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.