Mint (CVE:MIT) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

The Mint Co. (CVE:MITGet Free Report) crossed below its 50 day moving average during trading on Tuesday . 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.

Mint Price Performance

The company has a market cap of C$7.08 million, a price-to-earnings ratio of -3.00 and a beta of 0.36. The company has a 50-day simple moving average of C$0.03 and a 200-day simple moving average of C$0.03. The company has a debt-to-equity ratio of 78.57, a quick ratio of 3.38 and a current ratio of 1.46.

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. It offers its solutions through a network of ATMs, payment processing platforms, and branded card products. The company was formerly known as Mint Technology Corp. and changed its name to The Mint Corporation in August 2013.

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