GLG Life Tech (TSE:GLG) Share Price Passes Above 50 Day Moving Average of $0.05

Shares of GLG Life Tech Co. (TSE:GLGGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.05 and traded as high as C$0.05. GLG Life Tech shares last traded at C$0.05, with a volume of 9,000 shares changing hands.

GLG Life Tech Stock Down 10.0 %

The company has a market cap of C$1.73 million, a PE ratio of -0.05 and a beta of 2.10. The company has a 50-day moving average of C$0.05 and a 200-day moving average of C$0.05.

GLG Life Tech (TSE:GLGGet Free Report) last posted its earnings results on Monday, May 15th. The company reported C($0.17) earnings per share (EPS) for the quarter. The firm had revenue of C$1.56 million for the quarter. As a group, equities analysts predict that GLG Life Tech Co. will post -0.32 EPS for the current year.

GLG Life Tech Company Profile

(Get Free Report)

GLG Life Tech Corporation engages in the research, development, growing, refining, and production of natural sweeteners extracted from the stevia plant and monk fruit worldwide. The company also offers P-Pro Plus, a pea protein product; and natural ingredients. It serves in the food and beverage industry.

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