Protech Home Medical (CVE:PHM) Share Price 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 Thursday . 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 changing hands.

Protech Home Medical Trading Down 4.2%

The company has a market cap of C$47.90 million and a P/E ratio of 57.50. The stock’s 50 day moving average is C$0.12 and its 200-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.

About Protech Home Medical

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. and changed its name to Protech Home Medical Corp. in May 2018. Protech Home Medical Corp.