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Stifel Nicolaus Forecasts Strong Price Appreciation for HLS Therapeutics (TSE:HLS) Stock

HLS Therapeutics logo with Medical background
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HLS Therapeutics (TSE:HLS - Free Report) had its price target lifted by Stifel Nicolaus from C$3.50 to C$4.00 in a report published on Wednesday,BayStreet.CA reports. Stifel Nicolaus currently has a hold rating on the stock.

HLS Therapeutics Price Performance

Shares of HLS traded up C$0.14 during trading hours on Wednesday, hitting C$4.66. 6,300 shares of the stock were exchanged, compared to its average volume of 14,753. The stock's 50-day moving average price is C$4.19 and its two-hundred day moving average price is C$3.82. HLS Therapeutics has a 12-month low of C$3.00 and a 12-month high of C$5.48. The company has a debt-to-equity ratio of 86.50, a quick ratio of 1.01 and a current ratio of 1.56. The company has a market cap of C$103.67 million, a price-to-earnings ratio of -4.67 and a beta of 1.07.

About HLS Therapeutics

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HLS Therapeutics Inc is a specialty pharmaceutical company. It is focused on the acquisition and commercialization of branded pharmaceutical products in the North American markets. The company is focused on treatment products for the central nervous system (CNS), and cardiovascular specialties. The company products include Clozaril, Absorica, Vascepa, CSAN Pronto, Trinomia and Perseris.

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