TAAT Global Alternatives (OTCMKTS:TOBAF) Stock Price Up 21.5% – Still a Buy?

TAAT Global Alternatives Inc. (OTCMKTS:TOBAF)’s stock price rose 21.5% during mid-day trading on Thursday . The company traded as high as $0.21 and last traded at $0.21. Approximately 637 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 4,889 shares. The stock had previously closed at $0.17.

TAAT Global Alternatives Trading Down 26.1 %

The business’s 50 day simple moving average is $0.18 and its two-hundred day simple moving average is $0.17. The stock has a market cap of $1.84 million, a P/E ratio of -0.74 and a beta of 0.99. The company has a quick ratio of 0.55, a current ratio of 0.96 and a debt-to-equity ratio of 1.36.

TAAT Global Alternatives (OTCMKTS:TOBAF) last issued its quarterly earnings data on Tuesday, July 16th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $15.74 million for the quarter. TAAT Global Alternatives had a negative net margin of 2.73% and a negative return on equity of 1,658.54%.

TAAT Global Alternatives Company Profile

TAAT Global Alternatives Inc, a life sciences company, develops, manufactures, and distributes tobacco and non-tobacco products in Canada and the United States. It offers non-tobacco based smokable products and flavorings; and nicotine-free and tobacco-free alternatives to traditional cigarettes under the TAAT brand.