Mint (CVE:MIT) Stock Price Crosses Above 50-Day Moving Average – Should You Sell?

The Mint Co. (CVE:MITGet Free Report)’s stock price crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.03 and traded as high as C$0.04. Mint shares last traded at C$0.03, with a volume of 12,000 shares.

Mint Stock Performance

The stock has a market capitalization of C$7.08 million, a P/E ratio of -3.00 and a beta of 0.36. The stock has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The company has a quick ratio of 3.38, a current ratio of 1.46 and a debt-to-equity ratio of 78.57.

About Mint

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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.

Further Reading

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