Crescita Therapeutics (TSE:CTX) Sets New 1-Year High – Here’s Why

Crescita Therapeutics Inc. (TSE:CTXGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.77 and last traded at C$0.77, with a volume of 43000 shares traded. The stock had previously closed at C$0.76.

Crescita Therapeutics Price Performance

The stock has a market capitalization of C$14.15 million, a P/E ratio of 37.50 and a beta of -1.34. The stock’s fifty day moving average is C$0.72 and its 200-day moving average is C$0.56. The company has a debt-to-equity ratio of 17.34, a current ratio of 2.80 and a quick ratio of 2.29.

Crescita Therapeutics (TSE:CTXGet Free Report) last issued its quarterly earnings data on Monday, May 11th. The company reported C($0.06) earnings per share (EPS) for the quarter. The business had revenue of C$5.64 million during the quarter. Crescita Therapeutics had a negative return on equity of 2.07% and a negative net margin of 1.38%.

Crescita Therapeutics Company Profile

(Get Free Report)

Crescita Therapeutics Inc is a Canadian commercial dermatology company with in-house research & development and manufacturing capabilities. The company offers a portfolio of non-prescription skincare products and early to commercial-stage prescription drug products and owns multiple proprietary drug delivery platforms that support the development of patented formulations that can facilitate the delivery of active ingredients into or through the skin. The firm generates its revenue in the form of product sales and out-licensing revenue.

Further Reading

Receive News & Ratings for Crescita Therapeutics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Crescita Therapeutics and related companies with MarketBeat.com's FREE daily email newsletter.