Quest PharmaTech (CVE:QPT) Stock Price Up 40% – Here’s What Happened

Quest PharmaTech Inc. (CVE:QPTGet Free Report) shares traded up 40% on Friday . The company traded as high as C$0.04 and last traded at C$0.04. 1,172,033 shares changed hands during mid-day trading, an increase of 1,485% from the average session volume of 73,952 shares. The stock had previously closed at C$0.03.

Quest PharmaTech Trading Up 20.0 %

The company has a debt-to-equity ratio of 4.35, a quick ratio of 0.52 and a current ratio of 0.40. The company’s 50-day moving average price is C$0.03 and its 200-day moving average price is C$0.03. The firm has a market capitalization of C$5.07 million, a PE ratio of -1.50 and a beta of 0.14.

Quest PharmaTech Company Profile

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Quest PharmaTech Inc, a pharmaceutical company, engages in the development of novel therapeutics for the treatment of targeted cancer. Its lead product candidate is Mab AR 9.6 against truncated O-glycan on MUC16, for targeted cancer therapy applications. The company also offers Oregovomab, which is in Phase III clinical trial for the treatment of ovarian cancer.

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