Avante (CVE:XX) Sets New 1-Year High – Time to Buy?

Avante Corp. (CVE:XX) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as C$1.20 and last traded at C$1.20, with a volume of 8500 shares traded. The stock had previously closed at C$1.15.

Avante Stock Performance

The stock has a 50 day moving average of C$1.10 and a 200 day moving average of C$1.02. The company has a quick ratio of 2.77, a current ratio of 1.83 and a debt-to-equity ratio of 10.23. The firm has a market cap of C$31.98 million, a price-to-earnings ratio of -35.29 and a beta of 0.41.

About Avante

Avante Corp. develops security technologies, products, and solutions in Canada, the United States, Israel, Egypt, Italy, Kuwait, the United Kingdom, and internationally. The company provides system design, sales, installations, and monitoring services, including alarm response and patrols, personal protection, house staff training, and secure transportation. It offers consulting and installation services for automation and security solutions for the residential market; intelligent perimeter protection video analytics and rapid alarm response services; and Closed Circuit Television (CCTV), access controls, and security services for travelling executives, as well as specialized security services, such as security, cyber monitoring, investigations, and international secured transportation.