Protech Home Medical (CVE:PTQ) Stock Price Down 5.1% – Here’s Why

Protech Home Medical Corp. (CVE:PTQGet Free Report)’s stock price dropped 5.1% during trading on Wednesday . The company traded as low as C$8.04 and last traded at C$8.24. Approximately 184,783 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 445,429 shares. The stock had previously closed at C$8.68.

Protech Home Medical Stock Performance

The company’s 50-day moving average price is C$4.16 and its two-hundred day moving average price is C$3.67. The company has a market capitalization of C$232.51 million and a price-to-earnings ratio of -179.13. The company has a debt-to-equity ratio of 85.53, a current ratio of 1.40 and a quick ratio of 1.12.

Protech Home Medical Company Profile

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Protech Home Medical Corp. provides in-home monitoring equipment, supplies, and services for patients in the United States. It offers daily and ambulatory aides; power mobility equipment; BiPAP and CPAP machines, oxygen concentrators, and ventilators; oxygen therapy; sleep apnea and PAP treatment equipment; disease management services; and home ventilator equipment, as well as rents respiratory equipment.

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