ProPhotonix (LON:PPIX) Share Price Passes Above 200 Day Moving Average of $0.00

Shares of ProPhotonix Ltd (LON:PPIX) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.00 and traded as high as $3.08. ProPhotonix shares last traded at $3.08, with a volume of 3,327 shares.

The company has a current ratio of 1.68, a quick ratio of 1.08 and a debt-to-equity ratio of 47.28. The company has a market cap of $2.93 million and a P/E ratio of -2.25. The business has a 50-day moving average of GBX 3.20.

In related news, insider Tim Losik bought 2,000,000 shares of the business’s stock in a transaction on Thursday, May 23rd. The stock was bought at an average price of GBX 3 ($0.04) per share, for a total transaction of £60,000 ($78,400.63).

About ProPhotonix (LON:PPIX)

ProPhotonix Limited designs, manufactures, and sells light emitting diode (LED) illumination solutions and laser modules in the United States, Canada, the United Kingdom, Europe, and Asia. The company operates through two segments, LED's and Laser & Diodes. It offers COBRA Cure FX series of (UV) LED curing systems for UV curing of inks, coatings, and adhesives; COBRA series LED line light products for line scan and Web inspection; LOTUS LED line lights with integrated intensity control designed for machine vision applications; and SpecBright LED line lights for original equipment manufacturers (OEMs), system integrators, and end users.

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