TrueContext (CVE:PFM) Shares Up 1.7% – Here’s Why

Shares of TrueContext Co. (CVE:PFM) rose 1.7% on Thursday . The stock traded as high as C$0.60 and last traded at C$0.60. Approximately 2,000 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 22,240 shares. The stock had previously closed at C$0.59.

TrueContext Stock Up 1.7 %

The firm’s 50 day moving average is C$0.60 and its two-hundred day moving average is C$0.60. The stock has a market cap of C$80.08 million, a price-to-earnings ratio of -20.00 and a beta of 0.35. The company has a current ratio of 1.07, a quick ratio of 1.17 and a debt-to-equity ratio of 692.26.

About TrueContext

TrueContext Corporation researches, develops, and markets mobile business solutions for enterprises to automate field sales, field service, and other field data collection business processes. It offers ProntoForms mobile workflow management app solution that enables remote workers to collect data on a mobile device; access company data in the field; and automatically share the results with back-office systems, cloud services, and people, as well as companies to track, analyze, and enhance processes.