Nanotech Security (CVE:NTS) Shares Pass Below 50 Day Moving Average – Should You Sell?

Shares of Nanotech Security Corp. (CVE:NTS) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$1.25 and traded as low as C$1.24. Nanotech Security shares last traded at C$1.25, with a volume of 41,487 shares traded.

Nanotech Security Price Performance

The stock has a market cap of C$86.75 million and a P/E ratio of -59.52. The company has a debt-to-equity ratio of 3.39, a quick ratio of 4.61 and a current ratio of 4.92. The firm has a 50-day moving average price of C$1.25 and a 200-day moving average price of C$1.25.

Nanotech Security Company Profile

Nanotech Security Corp. researches, creates, and produces nano-optic structures and color shifting materials for authentication and brand enhancement applications in Canada and internationally. The company offers currency authentication products, such as security foils and stripes under the KolourDepth and M2 names; and colour-shifting foils and threads under the LumaChrome name for banknotes and government IDs.