Shares of Innovotech Inc. (CVE:IOT – Get Free Report) shot up 7.7% on Friday . The stock traded as high as C$0.14 and last traded at C$0.14. 136,250 shares traded hands during mid-day trading, an increase of 811% from the average session volume of 14,950 shares. The stock had previously closed at C$0.13.
Innovotech Price Performance
The company has a debt-to-equity ratio of 12.55, a current ratio of 2.63 and a quick ratio of 5.81. The firm has a market capitalization of C$5.85 million, a price-to-earnings ratio of -15.00 and a beta of 1.15. The business’s fifty day simple moving average is C$0.14 and its 200 day simple moving average is C$0.12.
About Innovotech
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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