Avante (CVE:XX) Stock Crosses Below 50 Day Moving Average of $0.71

Avante Corp. (CVE:XX)’s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$0.71 and traded as low as C$0.71. Avante shares last traded at C$0.71, with a volume of 8,000 shares trading hands.

Avante Trading Down 2.7 %

The stock’s 50 day simple moving average is C$0.71 and its 200 day simple moving average is C$0.78. The firm has a market cap of C$18.91 million, a PE ratio of -5.92 and a beta of 1.69. The company has a debt-to-equity ratio of 10.80, a quick ratio of 2.77 and a current ratio of 1.72.

Avante (CVE:XX) last announced its earnings results on Tuesday, July 30th. The company reported C($0.11) earnings per share (EPS) for the quarter. Avante had a negative return on equity of 21.62% and a negative net margin of 11.76%. The company had revenue of C$7.26 million during the quarter. On average, sell-side analysts forecast that Avante Corp. will post 0.0048178 earnings per share for the current fiscal year.

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.