Mint (CVE:MIT) Stock Price Passes Below 50 Day Moving Average – Here’s Why

Shares of The Mint Co. (CVE:MITGet Free Report) passed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.03 and traded as low as C$0.03. Mint shares last traded at C$0.03, with a volume of 12,000 shares.

Mint Stock Down 14.3 %

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

About Mint

(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.

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