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Medicenna Therapeutics (TSE:MDNA) Shares Up 5.2% - Still a Buy?

Medicenna Therapeutics logo with Medical background

Medicenna Therapeutics Corp. (TSE:MDNA - Get Free Report)'s share price shot up 5.2% on Thursday . The stock traded as high as C$2.25 and last traded at C$2.22. 25,264 shares traded hands during mid-day trading, a decline of 76% from the average session volume of 105,689 shares. The stock had previously closed at C$2.11.

Medicenna Therapeutics Trading Up 5.2 %

The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.65 and a current ratio of 2.51. The company has a 50 day moving average of C$2.16 and a two-hundred day moving average of C$2.15. The stock has a market cap of C$169.67 million, a PE ratio of -5.84 and a beta of 1.21.

About Medicenna Therapeutics

(Get Free Report)

Medicenna Therapeutics Corp., an immunotherapy company, engages in the development and commercialization of Superkines and empowered Superkines for the treatment of cancer and other diseases. It develops MDNA55, an interleukin- 4 (IL-4) EC for the treatment of recurrent glioblastoma, as well as for brain tumors.

Further Reading

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