Nanotech Security (CVE:NTS) Share Price Passes Below 50-Day Moving Average – What’s Next?

Shares of Nanotech Security Corp. (CVE:NTS) passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$1.25 and traded as low as C$1.24. Nanotech Security shares last traded at C$1.25, with a volume of 41,487 shares.

Nanotech Security Trading Up 1.6%

The company has a 50 day simple moving average of C$1.25 and a 200 day simple moving average of C$1.25. The company has a market capitalization of C$86.75 million and a PE ratio of -59.52. The company has a debt-to-equity ratio of 3.39, a quick ratio of 4.61 and a current ratio of 4.92.

About Nanotech Security

Nanotech Security Corp. researches, creates, and produces nano-optic structures and color shifting materials for authentication and brand enhancement applications in Canada and internationally. The company offers currency authentication products, such as security foils and stripes under the KolourDepth and M2 names; and colour-shifting foils and threads under the LumaChrome name for banknotes and government IDs. It also provides security foils, pressure sensitive adhesive labels, and online brand protection solutions under the LiveLogo, LivePortrait, and LumaChrome names for brand protection.