TIMIA Capital (CVE:TCA) Stock Falls 12.3% – Here’s What Happened

TIMIA Capital Corp. (CVE:TCA – Get Free Report) was down 12.3% during trading on Tuesday. The stock traded as low as C$0.47 and last traded at C$0.50. Approximately 44,450 shares changed hands during trading, a decline of 9% from the average daily volume of 48,686 shares. The stock had previously closed at C$0.57.

TIMIA Capital Stock Performance

The stock’s 50-day simple moving average is C$0.50 and its 200 day simple moving average is C$0.50. The company has a debt-to-equity ratio of 492.31, a quick ratio of 0.13 and a current ratio of 1.02. The company has a market capitalization of C$29.80 million and a PE ratio of -19.23.

About TIMIA Capital

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TIMIA Capital Corp. provides short term and revenue finance loans to technology companies in Canada and the United States. It also manages a portfolio of equity investments. The company was formerly known as GreenAngel Energy Corp. and changed its name to TIMIA Capital Corp. in September 2015. TIMIA Capital Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.

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