TrueContext (CVE:PFM) Shares Pass Below 200-Day Moving Average – Here’s Why

Shares of TrueContext Co. (CVE:PFMGet Free Report) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$0.60 and traded as low as C$0.60. TrueContext shares last traded at C$0.60, with a volume of 2,000 shares.

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 company has a market capitalization of C$80.08 million, a price-to-earnings ratio of -20.00 and a beta of 0.35. The firm’s 50-day simple moving average is C$0.60 and its two-hundred day simple moving average is C$0.60.

TrueContext Company Profile

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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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