Hamilton Thorne (CVE:HTL) Shares Up 4.3% – Here’s What Happened

Shares of Hamilton Thorne Ltd. (CVE:HTL) shot up 4.3% on Tuesday . The stock traded as high as C$1.45 and last traded at C$1.45. 25,700 shares changed hands during mid-day trading, a decline of 27% from the average session volume of 35,118 shares. The stock had previously closed at C$1.39.

Hamilton Thorne Stock Performance

The stock’s 50 day moving average price is C$1.45 and its 200 day moving average price is C$1.45. The company has a current ratio of 2.63, a quick ratio of 2.25 and a debt-to-equity ratio of 33.94. The company has a market cap of C$212.89 million, a price-to-earnings ratio of 48.33 and a beta of 0.54.

Insider Activity

In related news, insider AWM Investment Company, Inc. acquired 783,000 shares of the company’s stock in a transaction dated Thursday, October 10th. The stock was bought at an average price of C$1.56 per share, with a total value of C$1,221,010.20. Corporate insiders own 29.41% of the company’s stock.

About Hamilton Thorne

Hamilton Thorne Ltd. develops, manufactures, and sells precision instruments, consumables, software, and services for the assisted reproductive technologies (ART), research, and cell biology markets. It offers precision laser systems, imaging systems, and other equipment and consumables for the ART and developmental biology research markets.