Mint (CVE:MIT) Share Price Passes Below 50 Day Moving Average – Should You Sell?

Shares of The Mint Co. (CVE:MITGet Free Report) crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of C$0.03 and traded as low as C$0.03. Mint shares last traded at C$0.03, with a volume of 12,000 shares trading hands.

Mint Trading Down 14.3 %

The company has a market cap of C$7.08 million, a price-to-earnings ratio of -3.00 and a beta of 0.36. The firm has a 50 day moving average price of C$0.03 and a two-hundred day moving average price of C$0.03. The company has a quick ratio of 3.38, a current ratio of 1.46 and a debt-to-equity ratio of 78.57.

About Mint

(Get Free Report)

The Mint Corporation, through its subsidiaries, provides vertically integrated prepaid card and payroll services primarily in the Middle East. It manages the issuance, administration, customer support, payment processing, set-up, sponsorship, and regulated reporting of cards and related activities to government authorities.

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