Nanotech Security (CVE:NTS) Shares Pass Below 50-Day Moving Average – Time to Sell?

Nanotech Security Corp. (CVE:NTS) shares crossed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.

Nanotech Security Price Performance

The firm has a market capitalization of C$86.75 million and a P/E ratio of -59.52. The stock’s 50 day simple moving average is C$1.25 and its 200 day simple moving average is C$1.25. 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.