Pax Global Tech (OTCMKTS:PXGYF) Sets New 12-Month Low - Should You Sell?

Key Points

• Pax Global Tech's stock hit a new 52-week low, trading as low as $0.5412 and last at $0.57 on volume of 10,150 shares, down about 11.6% from the prior close of $0.6451.
• The company has very low leverage (debt-to-equity 0.01) and strong liquidity (current ratio 5.89, quick ratio 4.73), but the share price is below its 50-day ($0.63) and 200-day ($0.68) moving averages.
• Pax Global Technology designs and manufactures point-of-sale (POS) payment terminals and provides related software services for device management, firmware updates and transaction monitoring.

Pax Global Tech (OTCMKTS:PXGYF - Get Free Report)'s stock price hit a new 52-week low during trading on Thursday . The company traded as low as $0.5412 and last traded at $0.57, with a volume of 10150 shares traded. The stock had previously closed at $0.6451.

Pax Global Tech Trading Down 11.6%

The company has a debt-to-equity ratio of 0.01, a current ratio of 5.89 and a quick ratio of 4.73. The firm's 50-day moving average is $0.63 and its 200 day moving average is $0.68.

Pax Global Tech Company Profile

Pax Global Technology Limited is a provider of electronic payment solutions, specializing in the design, development and manufacture of point-of-sale (POS) terminals and related software. The company's product portfolio encompasses countertop, portable and mobile payment devices, each equipped with secure card readers, touchscreen interfaces and support for contactless and mobile wallet payments. Pax Global Technology also supplies integrated software platforms that enable remote device management, firmware updates and real-time transaction monitoring.

In addition to hardware, Pax offers a suite of software services that streamline payment acceptance and terminal administration.

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