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BioSyent (CVE:RX) Stock Crosses Below 50 Day Moving Average - Time to Sell?

BioSyent logo with Medical background

BioSyent Inc. (CVE:RX - Get Free Report)'s share price passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$10.84 and traded as low as C$10.25. BioSyent shares last traded at C$10.26, with a volume of 1,000 shares changing hands.

BioSyent Price Performance

The company has a debt-to-equity ratio of 2.90, a current ratio of 3.92 and a quick ratio of 6.91. The stock has a market capitalization of C$120.09 million, a P/E ratio of 17.04 and a beta of 0.93. The stock's fifty day moving average is C$10.79 and its 200-day moving average is C$11.06.

About BioSyent

(Get Free Report)

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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