Shares of Theralase Technologies Inc. (CVE:TLT - Get Free Report) rose 14.3% on Tuesday . The company traded as high as C$0.28 and last traded at C$0.28. Approximately 280,000 shares were traded during mid-day trading, an increase of 143% from the average daily volume of 115,417 shares. The stock had previously closed at C$0.25.
Theralase Technologies Stock Performance
The company has a current ratio of 1.21, a quick ratio of 3.40 and a debt-to-equity ratio of 20.58. The company has a market cap of C$67.52 million, a P/E ratio of -13.75 and a beta of 1.36. The company has a 50 day moving average price of C$0.27 and a 200-day moving average price of C$0.23.
Theralase Technologies Company Profile
(
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Theralase Technologies Inc, a clinical stage pharmaceutical company, engages in the research and development of light activated photo dynamic compounds (PDCs) and their associated drug formulations to treat cancers, bacteria, and viruses in Canada, the United States, and internationally. It also designs, develops, manufactures, and markets patented and proprietary super-pulsed laser technology for the healing of chronic knee pain, as well as for off-label use to heal various nerve, muscle, and joint conditions.
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