TrueContext (CVE:PFM) Shares Pass Below 200-Day Moving Average – Here’s What Happened

TrueContext Co. (CVE:PFM)’s share price crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.60 and traded as low as C$0.60. TrueContext shares last traded at C$0.60, with a volume of 2,000 shares traded.

TrueContext Stock Up 1.7 %

The company has a debt-to-equity ratio of 692.26, a quick ratio of 1.17 and a current ratio of 1.07. The company has a market capitalization of C$80.08 million, a price-to-earnings ratio of -20.00 and a beta of 0.35. The business has a 50-day simple moving average of C$0.60 and a two-hundred day simple moving average of C$0.60.

TrueContext Company Profile

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.