ProntoForms (CVE:PFM) Stock Price Crosses Below Fifty Day Moving Average of $0.56

ProntoForms Corp (CVE:PFM) passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.56 and traded as low as $0.55. ProntoForms shares last traded at $0.55, with a volume of 2,500 shares.

The company has a current ratio of 1.72, a quick ratio of 1.51 and a debt-to-equity ratio of 241.85. The firm has a fifty day moving average price of C$0.56 and a 200 day moving average price of C$0.51. The firm has a market cap of $63.69 million and a PE ratio of -28.95.

In other news, Director Alvaro Pombo sold 800,000 shares of ProntoForms stock in a transaction on Thursday, September 5th. The stock was sold at an average price of C$0.56, for a total transaction of C$448,000.00. Following the transaction, the director now owns 3,994,053 shares in the company, valued at approximately C$2,236,669.68. Also, Senior Officer David Croucher sold 215,000 shares of ProntoForms stock in a transaction on Thursday, September 5th. The stock was sold at an average price of C$0.56, for a total value of C$120,400.00. Following the transaction, the insider now owns 170,000 shares in the company, valued at approximately C$95,200.

About ProntoForms (CVE:PFM)

ProntoForms Corporation researches, develops, and markets mobile business solutions to automate field sales, field service, and other field data collection business processes. Its ProntoForms mobile platform enables remote workers to access data collection forms on a mobile device, access company data in the field, and automatically share the results with back-office systems, cloud services, and people, as well as companies to track, analyze, and enhance processes with an OS-native mobile data collection app.

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