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BioSyent (CVE:RX) Stock Price Passes Above 50-Day Moving Average - Here's Why

BioSyent logo with Medical background
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BioSyent Inc. (CVE:RX - Get Free Report) shares passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$11.05 and traded as high as C$11.30. BioSyent shares last traded at C$11.30, with a volume of 1,158 shares traded.

BioSyent Trading Down 1.8 %

The firm has a market cap of C$127.53 million, a price-to-earnings ratio of 18.10 and a beta of 0.93. The firm's 50-day moving average is C$11.07 and its 200-day moving average is C$11.15. The company has a current ratio of 3.92, a quick ratio of 6.91 and a debt-to-equity ratio of 2.90.

BioSyent Company Profile

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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.

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