Pax Global Tech (OTCMKTS:PXGYF) Shares Gap Down - Time to Sell?

Key Points

• Pax Global Tech's stock price fell from $0.70 to $0.68 before trading on Monday, indicating a gap down in share value.
• The company has a strong liquidity position with a quick ratio of 4.73 and a current ratio of 5.89, suggesting it can easily cover short-term liabilities.
• Pax Global Tech specializes in developing and selling electronic funds transfer point-of-sale products across several countries, including the US and Italy.

Pax Global Tech (OTCMKTS:PXGYF - )'s stock price gapped down prior to trading on Monday . The stock had previously closed at $0.70, but opened at $0.68. Pax Global Tech shares last traded at $0.68, with a volume of 28,268 shares.

Pax Global Tech Stock Performance

The business has a fifty day moving average price of $0.79 and a 200 day moving average price of $0.72. The company has a quick ratio of 4.73, a current ratio of 5.89 and a debt-to-equity ratio of 0.01.

Pax Global Tech Company Profile

PAX Global Technology Limited, an investment holding company, develops and sells electronic funds transfer point-of-sale products in Hong Kong, the People's Republic of China, the United States, and Italy. Its E-payment terminal products include smart E-payment solutions; and android smartPOS, android smart tablet, unattended payment products, PINpad, and Minipigs and mPOS.

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