TrueContext (CVE:PFM) Shares Up 1.7% – Here’s What Happened

TrueContext Co. (CVE:PFMGet Free Report)’s share price shot up 1.7% during mid-day trading on Thursday . The company traded as high as C$0.60 and last traded at C$0.60. 2,000 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 22,240 shares. The stock had previously closed at C$0.59.

TrueContext Stock Up 1.7 %

The company has a debt-to-equity ratio of 692.26, a current ratio of 1.07 and a quick ratio of 1.17. The business’s 50 day moving average is C$0.60 and its 200-day moving average is C$0.60. The company has a market cap of C$80.08 million, a PE ratio of -20.00 and a beta of 0.35.

About TrueContext

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TrueContext Corporation researches, develops, and markets mobile business solutions for enterprises to automate field sales, field service, and other field data collection business processes. It offers ProntoForms mobile workflow management app solution that enables remote workers to collect data on a mobile device; access company data in the field; and automatically share the results with back-office systems, cloud services, and people, as well as companies to track, analyze, and enhance processes.

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