TrueContext (CVE:PFM) Trading 1.7% Higher – Here’s What Happened

TrueContext Co. (CVE:PFMGet Free Report) was up 1.7% during trading on Thursday . The stock traded as high as C$0.60 and last traded at C$0.60. Approximately 2,000 shares were traded during trading, a decline of 91% from the average daily volume of 22,240 shares. The stock had previously closed at C$0.59.

TrueContext Stock Performance

The company has a quick ratio of 1.17, a current ratio of 1.07 and a debt-to-equity ratio of 692.26. The stock has a market capitalization of C$80.08 million, a P/E ratio of -20.00 and a beta of 0.35. The company has a 50-day moving average price of C$0.60 and a two-hundred day moving average price of C$0.60.

TrueContext Company Profile

(Get Free Report)

TrueContext Corporation researches, develops, and markets mobile business solutions for enterprises to automate field sales, field service, and other field data collection business processes. It offers ProntoForms mobile workflow management app solution that enables remote workers to collect data on a mobile device; access company data in the field; and automatically share the results with back-office systems, cloud services, and people, as well as companies to track, analyze, and enhance processes.

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