Protech Home Medical (CVE:PHM) Stock Passes Below 200-Day Moving Average – Time to Sell?

Protech Home Medical Corp. (CVE:PHM)’s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of C$0.12 and traded as low as C$0.11. Protech Home Medical shares last traded at C$0.12, with a volume of 1,528,975 shares trading hands.

Protech Home Medical Stock Down 4.2 %

The stock’s fifty day moving average is C$0.12 and its two-hundred day moving average is C$0.12. The company has a current ratio of 1.19, a quick ratio of 0.76 and a debt-to-equity ratio of 103.78. The firm has a market cap of C$47.90 million and a P/E ratio of 57.50.

Protech Home Medical Company Profile

Protech Home Medical Corp. provides and rents in-home monitoring equipment and services for patients in the United States. It offers daily and ambulatory aides; power mobility equipment; INR self-testing equipment; BiPAP and CPAP machines, oxygen concentrators, and ventilators; oxygen therapy; sleep apnea and PAP treatment equipment; and home ventilator equipment The company was formerly known as Patient Home Monitoring Corp.