Mint (CVE:MIT) Stock Price Passes Below 50 Day Moving Average – What’s Next?
by Doug Wharley · The Cerbat GemThe Mint Co. (CVE:MIT – Get Free Report) passed below its 50 day moving average during trading on Thursday . 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 changing hands.
Mint Price Performance
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 company’s fifty day moving average is C$0.03 and its 200 day moving average is C$0.03. The firm has a market cap of C$7.08 million, a price-to-earnings ratio of -3.00 and a beta of 0.36.
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.