Innovotech (CVE:IOT) Sets New 52-Week High – Here’s Why

Innovotech Inc. (CVE:IOTGet Free Report) reached a new 52-week high during trading on Monday . The company traded as high as C$0.15 and last traded at C$0.14, with a volume of 16000 shares traded. The stock had previously closed at C$0.14.

Innovotech Trading Up 3.7 %

The firm has a market capitalization of C$5.46 million, a price-to-earnings ratio of -14.00 and a beta of 1.15. The company has a quick ratio of 5.81, a current ratio of 2.63 and a debt-to-equity ratio of 12.55. The firm’s 50 day moving average is C$0.14 and its 200 day moving average is C$0.13.

Innovotech Company Profile

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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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