Mint (CVE:MIT) Shares Pass Above 50-Day Moving Average – Here’s Why

The Mint Co. (CVE:MITGet Free Report)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.03 and traded as high as C$0.04. Mint shares last traded at C$0.03, with a volume of 12,000 shares changing hands.

Mint Stock Performance

The firm has a market cap of C$7.08 million, a price-to-earnings ratio of -3.00 and a beta of 0.36. The firm’s 50 day moving average is C$0.03 and its 200-day moving average is C$0.03. The company has a debt-to-equity ratio of 78.57, a quick ratio of 3.38 and a current ratio of 1.46.

Mint Company Profile

(Get Free Report)

The Mint Corporation, through its subsidiaries, provides vertically integrated prepaid card and payroll services primarily in the Middle East. It manages the issuance, administration, customer support, payment processing, set-up, sponsorship, and regulated reporting of cards and related activities to government authorities.

Further Reading

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