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Aptose Biosciences (TSE:APS) Share Price Passes Below Fifty Day Moving Average - Here's What Happened

Aptose Biosciences logo with Medical background

Aptose Biosciences Inc. (TSE:APS - Get Free Report) NASDAQ: APTO's share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$2.46 and traded as low as C$1.16. Aptose Biosciences shares last traded at C$1.18, with a volume of 13,665 shares traded.

Analyst Upgrades and Downgrades

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

View Our Latest Report on APS

Aptose Biosciences Trading Down 4.8%

The company has a market cap of C$50.81 million, a price-to-earnings ratio of -0.24 and a beta of 1.36. The firm has a 50 day moving average price of C$2.46 and a two-hundred day moving average price of C$5.44. The company has a quick ratio of 5.41, a current ratio of 1.05 and a debt-to-equity ratio of -117.37.

Aptose Biosciences Company Profile

(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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