Mint (CVE:MIT) Share Price Passes Below 50-Day Moving Average – Here’s What Happened

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 traded.

Mint Stock Down 14.3%

The company has a debt-to-equity ratio of 78.57, a current ratio of 1.46 and a quick ratio of 3.38. The business’s 50 day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The company has a market capitalization of C$7.08 million, a PE ratio of -3.00 and a beta of 0.36.

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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