Mint (CVE:MIT) Stock Passes Below 200-Day Moving Average – Here’s Why

The Mint Co. (CVE:MITGet Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred 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.

Mint Stock Down 14.3 %

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

Mint Company Profile

(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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