Ceapro (CVE:CZO) Stock Price Down 11.8% – Here’s What Happened
by Mitch Edgeman · The Markets DailyCeapro Inc. (CVE:CZO – Get Free Report) was down 11.8% during trading on Tuesday . The stock traded as low as C$0.23 and last traded at C$0.23. Approximately 5,850 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 50,562 shares. The stock had previously closed at C$0.26.
Ceapro Stock Down 11.8%
The firm has a market cap of C$688,880.00, a PE ratio of -2.83 and a beta of 1.38. The company has a debt-to-equity ratio of 8.07, a quick ratio of 18.88 and a current ratio of 8.54. The company’s 50-day simple moving average is C$0.22 and its two-hundred day simple moving average is C$0.23.
About Ceapro
Ceapro Inc, a biotechnology company, engages in the development and marketing of health and wellness products and technology relating to plant extracts in the United States, Germany, China, Canada, and internationally. The company is involved in the development of proprietary extraction technologies and the application of these technologies to the production, development, and commercialization of active ingredients, such as oat beta glucan and avenanthramides, which are derived from oats and other renewable plant resources for healthcare and cosmetic industries.