Nanotech Security (CVE:NTS) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Nanotech Security Corp. (CVE:NTS)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of C$1.25 and traded as low as C$1.24. Nanotech Security shares last traded at C$1.25, with a volume of 41,487 shares traded.

Nanotech Security Stock Performance

The stock’s fifty day simple moving average is C$1.25 and its two-hundred day simple moving average is C$1.25. The company has a market cap of C$86.75 million and a price-to-earnings ratio of -59.52. The company has a debt-to-equity ratio of 3.39, a quick ratio of 4.61 and a current ratio of 4.92.

Nanotech Security Company Profile

Nanotech Security Corp. researches, creates, and produces nano-optic structures and color shifting materials for authentication and brand enhancement applications in Canada and internationally. The company offers currency authentication products, such as security foils and stripes under the KolourDepth and M2 names; and colour-shifting foils and threads under the LumaChrome name for banknotes and government IDs.