COSCIENS Biopharma (NASDAQ:CSCI) Stock Price Up 2.8% – Should You Buy?

COSCIENS Biopharma Inc. (NASDAQ:CSCIGet Free Report) shares shot up 2.8% during mid-day trading on Tuesday . The stock traded as high as $3.11 and last traded at $2.90. 7,910 shares traded hands during trading, a decline of 44% from the average session volume of 14,119 shares. The stock had previously closed at $2.82.

COSCIENS Biopharma Stock Performance

The firm has a market cap of $10.23 million, a price-to-earnings ratio of -0.23 and a beta of 1.47. The stock’s fifty day moving average is $2.89 and its two-hundred day moving average is $3.16.

About COSCIENS Biopharma

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COSCIENS Biopharma Inc, a specialty biopharmaceutical company, engages in developing and commercializing therapeutics and diagnostic tests in Canada, Switzerland, Ireland, Denmark, Germany, the United States, and internationally. Its lead product is Macrilen (macimorelin), an orally available peptidomimetic ghrelin receptor (GHSR-1a) agonist that stimulates the secretion of growth hormone by binding to the GHSR-1a for the diagnosis of patients with adult growth hormone deficiency and childhood-onset growth hormone deficiency, as well as endocrinology and oncology indications; AEZS-150, a delayed clearance parathyroid hormone fusion polypeptide that is in preclinical trial for the treatment of chronic hypoparathyroidism; and AEZS-130 that is in preclinical trial for the treatment of amyotrophic lateral sclerosis.

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