Input Capital (CVE:INP) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

Shares of Input Capital Corp. (CVE:INPGet Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$0.84 and traded as high as C$0.86. Input Capital shares last traded at C$0.84, with a volume of 33,870 shares changing hands.

Input Capital Price Performance

The stock has a market capitalization of C$17.04 million and a P/E ratio of 40.00. The company has a debt-to-equity ratio of 4.37, a quick ratio of 7.37 and a current ratio of 8.89. The business has a fifty day simple moving average of C$0.84 and a 200-day simple moving average of C$0.84.

About Input Capital

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Input Capital Corp. operates as an agricultural commodity streaming company in Canada. The company buys and sells canola from prairie farmers through multi-year streaming contracts. It also provides capital to farmers to assist with the working capital needs, mortgage finance, and crop marketing issues, as well as offers multi-year crop marketing solutions to farmers.

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