Innovotech (CVE:IOT) Hits New 52-Week High – Here’s What Happened

Innovotech Inc. (CVE:IOTGet Free Report) shares reached a new 52-week high during 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 Trading Down 7.1 %

The company has a quick ratio of 5.81, a current ratio of 2.63 and a debt-to-equity ratio of 12.55. The business’s fifty day moving average is C$0.18 and its two-hundred day moving average is C$0.15. The firm has a market cap of C$7.61 million, a price-to-earnings ratio of -19.50 and a beta of 1.15.

Innovotech Company Profile

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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.

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