Cypress Development (CVE:CYP) Stock Passes Below Fifty Day Moving Average – Here’s What Happened

Shares of Cypress Development Corp. (CVE:CYPGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$1.09 and traded as low as C$1.06. Cypress Development shares last traded at C$1.09, with a volume of 33,605 shares traded.

Cypress Development Stock Up 1.4 %

The company has a debt-to-equity ratio of 0.69, a quick ratio of 42.15 and a current ratio of 17.56. The firm’s 50-day moving average price is C$1.09 and its two-hundred day moving average price is C$1.09. The firm has a market cap of C$35.88 million and a PE ratio of -10.75.

Cypress Development Company Profile

(Get Free Report)

Cypress Development Corp. engages in the acquisition, exploration, evaluation, and development of mineral properties in the United States and Canada. It explores for lithium, zinc, and silver deposits. The company's flagship project is the Clayton Valley project that covers an area of approximately 5,430 acres located in southwest Nevada.

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