MediaValet (CVE:MVP) Shares Up 2.9%

MediaValet Inc. (CVE:MVP)’s share price rose 2.9% during trading on Thursday . The company traded as high as C$2.52 and last traded at C$2.50. Approximately 29,210 shares traded hands during mid-day trading, a decline of 39% from the average daily volume of 47,658 shares. The stock had previously closed at C$2.43.

Analyst Upgrades and Downgrades

Separately, Eight Capital lowered shares of MediaValet from a “buy” rating to a “tender” rating and decreased their target price for the stock from C$2.50 to C$1.71 in a research report on Thursday, January 25th.

MediaValet Trading Up 2.9 %

The company has a quick ratio of 2.13, a current ratio of 2.25 and a debt-to-equity ratio of 22.52. The business’s fifty day moving average is C$2.50 and its 200 day moving average is C$2.50. The stock has a market cap of C$95.48 million and a PE ratio of -19.23.

MediaValet Company Profile

MediaValet Inc develops and delivers enterprise cloud software to manage the digital media assets worldwide. It offers Enterprise Digital Asset Management (DAM) platform that helps to create, find, work with, manage, and share digital assets; CreativeSPACES, a hybrid cloud/on premise tool for collaborating between team members, the core DAM, and other media creation software; and other modules modules for advanced artificial intelligence, audio/video intelligence, mobile support, content publishing, and open application programming interface developer tools.