MediaValet (CVE:MVP) Stock Price Up 2.9% – Time to Buy?

MediaValet Inc. (CVE:MVP) rose 2.9% on Thursday . The stock traded as high as C$2.52 and last traded at C$2.50. Approximately 29,210 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 47,658 shares. The stock had previously closed at C$2.43.

MediaValet Trading Up 2.9 %

The business’s 50 day simple moving average is C$2.50 and its 200-day simple moving average is C$2.50. The company has a debt-to-equity ratio of 22.52, a current ratio of 2.25 and a quick ratio of 2.13. The stock has a market capitalization of C$95.48 million and a P/E ratio of -19.23.

MediaValet Company Profile

MediaValet Inc develops and delivers enterprise cloud software to manage the digital media assets worldwide. It offers Enterprise Digital Asset Management (DAM) platform that helps to create, find, work with, manage, and share digital assets; CreativeSPACES, a hybrid cloud/on premise tool for collaborating between team members, the core DAM, and other media creation software; and other modules modules for advanced artificial intelligence, audio/video intelligence, mobile support, content publishing, and open application programming interface developer tools.