ProMetic Life Sciences (TSE:PLI) Shares Up 0.2% – Here’s What Happened

ProMetic Life Sciences Inc. (TSE:PLIGet Free Report) shot up 0.2% during trading on Tuesday . The stock traded as high as C$13.72 and last traded at C$13.60. 921 shares were traded during trading, a decline of 88% from the average session volume of 8,002 shares. The stock had previously closed at C$13.57.

ProMetic Life Sciences Price Performance

The company has a debt-to-equity ratio of 37.47, a current ratio of 4.06 and a quick ratio of 3.66. The stock has a 50 day simple moving average of C$13.60. The stock has a market capitalization of C$317.06 million and a P/E ratio of -0.22.

ProMetic Life Sciences Company Profile

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Prometic Life Sciences Inc operates as a biopharmaceutical company with two drug discovery platforms that focuses on unmet medical needs in the field of fibrosis and orphan diseases. Its product pipeline includes PBI-4050, an orally active lead drug candidate for fibrosis; plasminogen, a biopharmaceutical for the treatment of congenital plasminogen deficiency; and intravenous immunoglobulin, a preparation of antibodies purified from plasma donations from healthy individuals.

Further Reading

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