Midpoint (CVE:MPT) Reaches New 12-Month Low at $0.02

Midpoint Holdings Ltd (CVE:MPT) reached a new 52-week low during trading on Wednesday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 4000 shares traded. The stock had previously closed at C$0.03.

The stock has a fifty day moving average of C$0.03 and a two-hundred day moving average of C$0.04. The stock has a market capitalization of $2.60 million and a price-to-earnings ratio of -3.57.

About Midpoint (CVE:MPT)

Midpoint Holdings Ltd., a Web-based enterprise, engages in the peer to peer (P2P) foreign exchange business in Canada. It operates a peer-to-peer foreign exchange matching platform that matches buyers and sellers of foreign currency, and transfers the funds to their location through an intermediary third-party payment provider.

See Also: Return on Investment (ROI)

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