ProMetic Life Sciences (TSE:PLI) Share Price Crosses Above 50-Day Moving Average of $13.60

Shares of ProMetic Life Sciences Inc. (TSE:PLIGet Free Report) passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$13.60 and traded as high as C$13.72. ProMetic Life Sciences shares last traded at C$13.60, with a volume of 921 shares traded.

ProMetic Life Sciences Price Performance

The company has a market capitalization of C$317.06 million and a price-to-earnings ratio of -0.22. The company has a debt-to-equity ratio of 37.47, a quick ratio of 3.66 and a current ratio of 4.06. The business has a 50-day moving average price of C$13.60.

About ProMetic Life Sciences

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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.

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