Helix BioPharma (TSE:HBP) Hits New 1-Year Low – Time to Sell?
by Danessa Lincoln · The Markets DailyShares of Helix BioPharma Corp. (TSE:HBP – Get Free Report) reached a new 52-week low during trading on Friday. The stock traded as low as C$0.85 and last traded at C$0.85, with a volume of 3,634 shares changing hands. The stock had previously closed at C$0.98.
Helix BioPharma Stock Performance
The stock has a market cap of C$62.63 million, a price-to-earnings ratio of -20.50 and a beta of 1.15. The stock’s 50 day moving average is C$1.39 and its two-hundred day moving average is C$1.53. The company has a current ratio of 0.45, a quick ratio of 1.03 and a debt-to-equity ratio of 2.44.
About Helix BioPharma
Helix BioPharma is an oncology company that innovates from strength to bring near-term solutions for today’s hardest-to-treat cancers. The Company’s pipeline is led by Tumor Defense Breaker¿ L-DOS47, a clinical-stage antibody-enzyme conjugate designed to prime CEACAM6-expressing tumors for increased sensitivity to therapy and augment the effectiveness of today’s front-running anti-cancer treatments. L-DOS47 has completed Phase Ib studies in non-small cell lung cancer (NSCLC) and shares its CEACAM6-targeting foundation with Helix’s next-generation bi-specific antibody-drug conjugates (ADCs), currently in discovery.
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