LeoNovus (CVE:LTV) Shares Down 25%

Shares of LeoNovus Inc (CVE:LTV) traded down 25% during trading on Wednesday . The stock traded as low as C$0.02 and last traded at C$0.02, 110,750 shares were traded during mid-day trading. A decline of 60% from the average session volume of 278,295 shares. The stock had previously closed at C$0.02.

The company has a quick ratio of 3.66, a current ratio of 3.92 and a debt-to-equity ratio of 49.14. The firm has a market cap of $5.71 million and a P/E ratio of -0.79. The firm’s 50-day simple moving average is C$0.02 and its 200 day simple moving average is C$0.05.

About LeoNovus (CVE:LTV)

LeoNovus Inc, a cloud solutions software company, provides software defined object storage solutions; and governance, risk management, and compliance solutions for enterprises. Its algorithms virtualize, transform, slice, and disperse data across a network of on-premises, hybrid, or multi-cloud storage nodes.

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