Theralase Technologies Inc. (CVE:TLT – Get Free Report)’s share price passed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of C$0.19 and traded as low as C$0.18. Theralase Technologies shares last traded at C$0.18, with a volume of 40,902 shares trading hands.
Theralase Technologies Price Performance
The company has a market capitalization of C$55.89 million, a PE ratio of -12.86 and a beta of -1.01. The company has a current ratio of 5.48, a quick ratio of 3.40 and a debt-to-equity ratio of 2.17. The stock has a fifty day simple moving average of C$0.19 and a 200-day simple moving average of C$0.24.
About Theralase Technologies
Theralase Technologies Inc, a clinical stage pharmaceutical company, engages in the research and development of light activated photo dynamic compounds (PDCs) and their associated drug formulations to treat cancers, bacteria, and viruses in Canada, the United States, and internationally. It also designs, develops, manufactures, and markets patented and proprietary super-pulsed laser technology for the healing of chronic knee pain, as well as for off-label use to heal various nerve, muscle, and joint conditions.
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