Crescita Therapeutics (TSE:CTX) Shares Down 3.4% – Should You Sell?
by Teresa Graham · The Cerbat GemCrescita Therapeutics Inc. (TSE:CTX – Get Free Report)’s stock price dropped 3.4% during mid-day trading on Thursday . The stock traded as low as C$0.57 and last traded at C$0.57. Approximately 5,046 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 21,741 shares. The stock had previously closed at C$0.59.
Crescita Therapeutics Price Performance
The stock has a market cap of C$11.05 million, a PE ratio of -3.80 and a beta of 1.71. The company has a 50-day simple moving average of C$0.62 and a 200-day simple moving average of C$0.52. The company has a debt-to-equity ratio of 6.02, a current ratio of 3.37 and a quick ratio of 2.29.
Crescita Therapeutics Company Profile
Crescita Therapeutics Inc, a dermatology company, provides non-prescription skincare products and prescription drug products in Canada, the United States, and internationally. The company operates through three segments: Commercial Skincare, Licensing and Royalties, and Manufacturing and Services. It owns proprietary platform technologies, including Multiplexed Molecular Penetration Enhancers (MMPE) and DuraPeel for the development of topicals containing cannabis and hemp.
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