Innovotech (CVE:IOT) Hits New 12-Month High – Should You Buy?

Innovotech Inc. (CVE:IOTGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$0.21 and last traded at C$0.21, with a volume of 620 shares changing hands. The stock had previously closed at C$0.20.

Innovotech Price Performance

The firm has a market capitalization of C$8.19 million, a PE ratio of -21.00 and a beta of 1.15. The company has a debt-to-equity ratio of 12.55, a quick ratio of 5.81 and a current ratio of 2.63. The stock has a fifty day moving average price of C$0.18 and a 200-day moving average price of C$0.15.

About Innovotech

(Get Free Report)

Innovotech Inc provides assay kits used in growing microbial biofilms for research purposes in Canada, the United States, and internationally. The company offers InnovoSIL, a silver periodate antimicrobial compounds for medical applications; MBEC Assay kit, a petri dish for biofilms, which are used for research and medical device testing of microbial biofilms; and AgreGuard, an antimicrobial for crop protection.

See Also

Receive News & Ratings for Innovotech Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Innovotech and related companies with MarketBeat.com's FREE daily email newsletter.