Mint (CVE:MIT) Stock Passes Above Fifty Day Moving Average – Here’s What Happened
by Teresa Graham · The Cerbat GemShares of The Mint Co. (CVE:MIT – Get Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.03 and traded as high as C$0.04. Mint shares last traded at C$0.03, with a volume of 12,000 shares traded.
Mint Stock Performance
The stock’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The company has a market cap of C$7.08 million, a P/E ratio of -3.00 and a beta of 0.36. The company has a debt-to-equity ratio of 78.57, a current ratio of 1.46 and a quick ratio of 3.38.
About Mint
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. It offers its solutions through a network of ATMs, payment processing platforms, and branded card products. The company was formerly known as Mint Technology Corp. and changed its name to The Mint Corporation in August 2013.