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Aptose Biosciences (TSE:APS) Reaches New 52-Week Low - Time to Sell?

Aptose Biosciences logo with Medical background

Shares of Aptose Biosciences Inc. (TSE:APS - Get Free Report) NASDAQ: APTO hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as C$1.02 and last traded at C$1.16, with a volume of 19624 shares traded. The stock had previously closed at C$1.79.

Wall Street Analyst Weigh In

Separately, Alliance Global Partners raised shares of Aptose Biosciences to a "strong-buy" rating in a research report on Thursday, February 27th.

View Our Latest Analysis on APS

Aptose Biosciences Trading Down 34.6%

The firm has a market capitalization of C$50.38 million, a P/E ratio of -0.23 and a beta of 1.36. The company has a current ratio of 1.05, a quick ratio of 5.41 and a debt-to-equity ratio of -117.37. The stock has a 50 day simple moving average of C$2.60 and a 200-day simple moving average of C$5.62.

About Aptose Biosciences

(Get Free Report)

Aptose Biosciences Inc, a clinical-stage biotechnology company, discovers and develops personalized therapies addressing unmet medical needs in oncology in Canada. Its lead clinical program is APTO-253, which is a Phase I clinical trial for the treatment of patients with relapsed or refractory hematologic malignancies.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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