Cypress Development (CVE:CYP) Stock Crosses Below Two Hundred Day Moving Average – What’s Next?

Cypress Development Corp. (CVE:CYPGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$1.09 and traded as low as C$1.06. Cypress Development shares last traded at C$1.09, with a volume of 33,605 shares.

Cypress Development Stock Performance

The stock has a market capitalization of C$35.88 million and a PE ratio of -10.75. The business’s 50 day moving average is C$1.09 and its 200 day moving average is C$1.09. The company has a current ratio of 41.79, a quick ratio of 42.15 and a debt-to-equity ratio of 2.83.

About Cypress Development

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Cypress Development Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in the United States and Canada. It explores for lithium, zinc, and silver deposits. The company's flagship project is the Clayton Valley project that covers an area of approximately 5,430 acres located in southwest Nevada. Cypress Development Corp. was incorporated in 1991 and is headquartered in Vancouver, Canada.

Further Reading

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