BioSyent Inc. (CVE:RX – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as C$15.96 and last traded at C$15.81, with a volume of 4331 shares changing hands. The stock had previously closed at C$15.70.
BioSyent Trading Up 0.7%
The stock has a market capitalization of C$178.86 million, a P/E ratio of 18.51 and a beta of 1.00. The company has a current ratio of 2.07, a quick ratio of 6.91 and a debt-to-equity ratio of 6.85. The company has a 50-day moving average price of C$14.66 and a 200 day moving average price of C$14.68.
Insider Buying and Selling
In other BioSyent news, Director Seyed Ahmad Ashrafi sold 1,884 shares of the firm’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of C$14.65, for a total value of C$27,600.60. Following the completion of the sale, the director directly owned 37,261 shares in the company, valued at C$545,873.65. This trade represents a 4.81% decrease in their ownership of the stock. Insiders have sold a total of 4,058 shares of company stock worth $58,902 over the last three months. Corporate insiders own 33.65% of the company’s stock.
About BioSyent
BioSyent Inc, together with its subsidiaries, acquires or licenses, develops, and sells pharmaceutical and other healthcare products in Canada and internationally. Its products include FeraMAX Pd Therapeutic 150 for the treatment of iron deficiency anemia; FeraMAX Pd Maintenance 45, a chewable supplement for the prevention of iron deficiency anemia; and FeraMAX Pd Powder 15, a powder form product used for preventing iron deficiency and iron deficiency anemia. It offers Tibella, a hormone replacement therapy consisting of tibolone; Inofolic, a natural health product to address polycystic ovarian syndrome symptoms; RepaGyn, a vaginal suppository for the healing of the vaginal mucosa, as well as for the treatment of vaginal dryness caused by aging, menopause, stress, and chemotherapy; and Gelclair, a gel formulated to aid the pain or oral mucositis.
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