Protech Home Medical (CVE:PTQ) Stock Falls 5.1% – Here’s Why

Shares of Protech Home Medical Corp. (CVE:PTQ – Get Free Report) were down 5.1% during mid-day trading on Monday. The company traded as low as C$8.04 and last traded at C$8.24. Approximately 184,783 shares were traded during trading, a decline of 59% from the average session volume of 445,429 shares. The stock had previously closed at C$8.68.

Protech Home Medical Price Performance

The firm has a market capitalization of C$232.51 million and a P/E ratio of -179.13. The firm has a 50 day moving average price of C$8.24 and a 200-day moving average price of C$8.24. The company has a current ratio of 1.40, a quick ratio of 1.12 and a debt-to-equity ratio of 85.53.

Protech Home Medical Company Profile

(Get Free Report)

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

Further Reading

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