Century Global Commodities (TSE:CNT) Shares Cross Below 50-Day Moving Average – Time to Sell?

Century Global Commodities Co. (TSE:CNT) crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.04 and traded as low as C$0.04. Century Global Commodities shares last traded at C$0.04, with a volume of 285,275 shares traded.

Century Global Commodities Trading Up 14.3%

The stock’s 50 day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.05. The stock has a market capitalization of C$4.73 million, a PE ratio of -7.13 and a beta of -1.07. The company has a debt-to-equity ratio of 0.85, a current ratio of 2.84 and a quick ratio of 3.86.

About Century Global Commodities

Century Global Commodities Corp is a diversified company and primarily engaged in exploration and mining activities with assets in the Provinces of Newfoundland and Labrador, and Quebec, Canada. It also has operations in the distribution of food in China. Its segments include the Mining segment, which engages in the exploration and development of mineral projects in Canada and the investment in global mining securities; the Food segment, which engages in the distribution of food and the provision of food service in Hong Kong and Mainland China; and the Corporate segment, which mainly represents the group’s corporate and managerial functions.