Protech Home Medical (CVE:PTQ) Trading Down 5.1% – Here’s What Happened

Protech Home Medical Corp. (CVE:PTQ) shares traded down 5.1% during mid-day trading on Friday . The company traded as low as C$8.04 and last traded at C$8.24. 184,783 shares were traded during mid-day trading, a decline of 59% from the average session volume of 445,429 shares. The stock had previously closed at C$8.68.

Protech Home Medical Price Performance

The business has a fifty day moving average price of C$8.24 and a 200-day moving average price of C$5.73. The company has a current ratio of 1.40, a quick ratio of 1.12 and a debt-to-equity ratio of 85.53. The stock has a market capitalization of C$232.51 million and a PE ratio of -179.13.

Protech Home Medical Company Profile

Protech Home Medical Corp. provides in-home monitoring equipment, supplies, and services for patients in the United States. It offers daily and ambulatory aides; power mobility equipment; BiPAP and CPAP machines, oxygen concentrators, and ventilators; oxygen therapy; sleep apnea and PAP treatment equipment; disease management services; and home ventilator equipment, as well as rents respiratory equipment.