Shares of Medicenna Therapeutics Corp. (TSE:MDNA - Get Free Report) hit a new 52-week low on Friday . The company traded as low as C$1.01 and last traded at C$1.03, with a volume of 30290 shares. The stock had previously closed at C$1.01.
Medicenna Therapeutics Stock Performance
The firm has a market capitalization of C$68.83 million, a P/E ratio of -2.53 and a beta of 1.21. The stock has a fifty day simple moving average of C$1.38 and a two-hundred day simple moving average of C$1.81. The company has a debt-to-equity ratio of 0.88, a current ratio of 11.40 and a quick ratio of 4.65.
Insider Activity
In other news, Senior Officer David Hyman acquired 20,000 shares of the firm's stock in a transaction dated Thursday, January 9th. The stock was purchased at an average price of C$1.45 per share, for a total transaction of C$29,000.00. Corporate insiders own 22.57% of the company's stock.
About Medicenna Therapeutics
(
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Medicenna Therapeutics Corp is a Canada based immuno-oncology company. Its principal business activity is the development and commercialization of Empowered Cytokines and Superkines for the treatment of cancer. The company is engaged in developing Interleukin-4 Empowered Cytokines that specifically target the Interleukin-4 Receptor which is over-expressed by 20 different cancers, cancer stem cells and immunosuppressive cells of the tumor microenvironment.
Further Reading
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