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

by · The Cerbat Gem

The Mint Co. (CVE:MITGet Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 Trading Down 14.3 %

The business’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The stock has a market cap of C$7.08 million, a price-to-earnings ratio of -3.00 and a beta of 0.36. The company has a quick ratio of 3.38, a current ratio of 1.46 and a debt-to-equity ratio of 78.57.

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.

Further Reading