Internet of Things (CVE:ITT) Shares Down 11.1%

Internet of Things Inc (CVE:ITT)’s stock price was down 11.1% on Thursday . The stock traded as low as C$0.04 and last traded at C$0.04, approximately 140,853 shares traded hands during trading. A decline of 91% from the average daily volume of 1,544,619 shares. The stock had previously closed at C$0.05.

The stock has a market cap of $16.57 million and a price-to-earnings ratio of -4.09. The company has a 50-day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.03. The company has a debt-to-equity ratio of 104.39, a quick ratio of 0.08 and a current ratio of 0.13.

About Internet of Things (CVE:ITT)

Internet of Things Inc operates as an Internet of Things (IoT) technology accelerator and industry acquisition company. The company focuses on accelerating IoT-based technology companies, and the development and implementation of disruptive IoT-based solutions. The company was formerly known as HTN, Inc and changed its name to Internet of Things Inc in January 2015.

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