Logistec (TSE:LGT.B) Shares Pass Below 50-Day Moving Average of $31.11

Logistec Co. (TSE:LGT.B)’s stock price passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $31.11 and traded as low as $31.00. Logistec shares last traded at $32.40, with a volume of 2,590 shares.

The stock’s fifty day moving average price is C$31.15 and its 200 day moving average price is C$34.83. The stock has a market cap of $161.91 million and a P/E ratio of 14.34. The company has a current ratio of 1.89, a quick ratio of 1.69 and a debt-to-equity ratio of 101.36.

About Logistec (TSE:LGT.B)

Logistec Corporation, together with its subsidiaries, provides cargo handling and other services to marine, industrial, and municipal customers in Canada and the United States. The company operates in two segments, Marine Services and Environmental Services. The Marine Services segment provides specialized cargo handling services, which include container, bulk, breakbulk, and general and project cargo, as well as other services through the operation of 61 terminals in 37 ports in eastern North America.

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