Liberty Biopharma (CVE:LTY) Stock Passes Below 200-Day Moving Average – Here’s Why

Liberty Biopharma Inc (CVE:LTY)’s stock price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$2.00 and traded as low as C$2.00. Liberty Biopharma shares last traded at C$2.00, with a volume of 700 shares.

Liberty Biopharma Stock Up ∞

The company’s 50 day moving average price is C$2.00 and its two-hundred day moving average price is C$2.00. The company has a current ratio of 0.12, a quick ratio of 0.12 and a debt-to-equity ratio of 8.19. The stock has a market cap of C$21.54 million and a P/E ratio of -12.66.

About Liberty Biopharma

Liberty Biopharma Inc, a clinical stage biopharmaceutical company, engages in the research, development, and commercialization of an automated bioprocessing and cell isolation technology. Its technology is used in the isolation of regenerative cells from human adipose tissues for use in research, cosmetic and aesthetic medicine, burn management, wound management and non-healing wounds, cardiovascular and heart diseases, peripheral arterial disease, critical limb ischemia or diabetic leg, and hepatic disease and kidney disease.