Avante (CVE:XX) Stock Passes Below 50-Day Moving Average – Should You Sell?

Avante Corp. (CVE:XX)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$1.29 and traded as low as C$1.22. Avante shares last traded at C$1.23, with a volume of 45,500 shares changing hands.

Avante Price Performance

The company has a quick ratio of 2.77, a current ratio of 1.69 and a debt-to-equity ratio of 11.83. The firm’s fifty day moving average price is C$1.29 and its 200 day moving average price is C$0.98. The stock has a market cap of C$32.77 million, a PE ratio of -8.43 and a beta of 1.71.

Avante Company Profile

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.