Innovotech (CVE:IOT) Sets New 12-Month High – Time to Buy?

by · The Cerbat Gem

Shares of Innovotech Inc. (CVE:IOT – Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as C$0.15 and last traded at C$0.15, with a volume of 30000 shares trading hands. The stock had previously closed at C$0.14.

Innovotech Stock Up 11.1 %

The company’s 50-day simple moving average is C$0.14 and its 200 day simple moving average is C$0.13. The firm has a market cap of C$5.85 million, a P/E ratio of -13.50 and a beta of 1.15. The company has a debt-to-equity ratio of 12.55, a current ratio of 2.63 and a quick ratio of 5.81.

Innovotech Company Profile

(Get Free Report)

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.

Featured Stories