Avante (CVE:XX) Stock Passes Below 50 Day Moving Average of $0.71

Avante Corp. (CVE:XX) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.71 and traded as low as C$0.71. Avante shares last traded at C$0.71, with a volume of 8,000 shares.

Avante Stock Performance

The company has a market cap of C$18.91 million, a P/E ratio of -5.92 and a beta of 1.69. The business has a 50 day moving average price of C$0.71 and a two-hundred day moving average price of C$0.78. The company has a debt-to-equity ratio of 10.80, a quick ratio of 2.77 and a current ratio of 1.72.

Avante (CVE:XX) last announced its quarterly earnings data on Tuesday, July 30th. The company reported C($0.11) earnings per share for the quarter. The company had revenue of C$7.26 million during the quarter. Avante had a negative net margin of 11.76% and a negative return on equity of 21.62%. On average, sell-side analysts anticipate that Avante Corp. will post 0.0048178 earnings per share for the current year.

Avante Company Profile

Avante Corp. develops security technologies, products, and solutions in Canada, the United States, Israel, Egypt, Italy, Kuwait, the United Kingdom, and internationally. The company provides system design, sales, installations, and monitoring services, including alarm response and patrols, personal protection, house staff training, and secure transportation.