Protech Home Medical (CVE:PTQ) Stock Price Down 5.1% – Time to Sell?

Protech Home Medical Corp. (CVE:PTQ)’s share price was down 5.1% during trading on Friday . The company traded as low as C$8.04 and last traded at C$8.24. Approximately 184,783 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 445,429 shares. The stock had previously closed at C$8.68.

Protech Home Medical Stock Down 5.1%

The company has a current ratio of 1.40, a quick ratio of 1.12 and a debt-to-equity ratio of 85.53. The stock has a 50 day simple moving average of C$8.24 and a 200 day simple moving average of C$8.24. The firm has a market capitalization of C$232.51 million and a PE ratio of -179.13.

About Protech Home Medical

Protech Home Medical Corp. provides in-home monitoring equipment, supplies, and services for patients in the United States. It offers daily and ambulatory aides; power mobility equipment; BiPAP and CPAP machines, oxygen concentrators, and ventilators; oxygen therapy; sleep apnea and PAP treatment equipment; disease management services; and home ventilator equipment, as well as rents respiratory equipment. The company was formerly known as Patient Home Monitoring Corp. and changed its name to Protech Home Medical Corp.