TIMIA Capital (CVE:TCA) Shares Down 12.3% – Here’s Why

TIMIA Capital Corp. (CVE:TCA) shares traded down 12.3% during mid-day trading on Tuesday . The stock traded as low as C$0.47 and last traded at C$0.50. 44,450 shares traded hands during trading, a decline of 9% from the average session volume of 48,686 shares. The stock had previously closed at C$0.57.

TIMIA Capital Stock Performance

The business has a fifty day moving average of C$0.50 and a 200 day moving average of C$0.50. The company has a market cap of C$29.80 million and a P/E ratio of -19.23. The company has a quick ratio of 0.13, a current ratio of 1.02 and a debt-to-equity ratio of 492.31.

TIMIA Capital Company Profile

TIMIA Capital Corp. provides short term and revenue finance loans to technology companies in Canada and the United States. It also manages a portfolio of equity investments. The company was formerly known as GreenAngel Energy Corp. and changed its name to TIMIA Capital Corp. in September 2015. TIMIA Capital Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.