Innovotech (CVE:IOT) Sets New 12-Month High – Time to Buy?

Innovotech Inc. (CVE:IOTGet Free Report) shares hit a new 52-week high on Monday . The company traded as high as C$0.15 and last traded at C$0.15, with a volume of 30000 shares changing hands. The stock had previously closed at C$0.14.

Innovotech Stock Up 11.1 %

The business’s fifty day moving average is C$0.14 and its two-hundred day moving average is C$0.13. The company has a market cap of C$5.85 million, a P/E ratio of -13.50 and a beta of 1.15. The company has a debt-to-equity ratio of 12.55, a quick ratio of 5.81 and a current ratio of 2.63.

Innovotech Company Profile

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Innovotech Inc provides assay kits used in growing microbial biofilms for research purposes in Canada, the United States, and internationally. The company offers InnovoSIL, a silver periodate antimicrobial compounds for medical applications; MBEC Assay kit, a petri dish for biofilms, which are used for research and medical device testing of microbial biofilms; and AgreGuard, an antimicrobial for crop protection.

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