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Aptose Biosciences (TSE:APS) Shares Pass Above 50-Day Moving Average - What's Next?

Aptose Biosciences logo with Medical background

Key Points

  • Aptose Biosciences Inc. shares crossed above their fifty-day moving average of C$1.76, reaching a high of C$1.79 during trading.
  • The company's market capitalization stands at C$68.03 million, with a negative price-to-earnings ratio of -0.31 indicating ongoing financial challenges.
  • Aptose is a clinical-stage biotechnology firm focused on developing personalized oncology therapies, with its lead program being APTO-253 for hematologic malignancies.
  • Need better tools to track Aptose Biosciences? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Aptose Biosciences Inc. (TSE:APS - Get Free Report) NASDAQ: APTO's share price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$1.76 and traded as high as C$1.79. Aptose Biosciences shares last traded at C$1.58, with a volume of 1,300 shares trading hands.

Aptose Biosciences Stock Performance

The company has a debt-to-equity ratio of -117.37, a current ratio of 1.05 and a quick ratio of 5.41. The company has a market capitalization of C$68.89 million, a price-to-earnings ratio of -0.32 and a beta of 1.36. The stock has a 50 day simple moving average of C$1.75 and a two-hundred day simple moving average of C$3.10.

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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