Innovotech (CVE:IOT) Sets New 12-Month High – Here’s What Happened

by · The Markets Daily

Innovotech Inc. (CVE:IOT – Get Free Report) reached a new 52-week high on Monday . The stock traded as high as C$0.15 and last traded at C$0.14, with a volume of 16000 shares changing hands. The stock had previously closed at C$0.14.

Innovotech Price Performance

The company has a quick ratio of 5.81, a current ratio of 2.63 and a debt-to-equity ratio of 12.55. The company has a fifty day simple moving average of C$0.14 and a 200-day simple moving average of C$0.13. The firm has a market cap of C$5.27 million, a P/E ratio of -13.50 and a beta of 1.15.

About Innovotech

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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.

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