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BioSyent (CVE:RX) Shares Cross Above 50 Day Moving Average - Here's What Happened

BioSyent logo with Medical background

BioSyent Inc. (CVE:RX - Get Free Report)'s share price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$10.75 and traded as high as C$10.77. BioSyent shares last traded at C$10.77, with a volume of 3,490 shares trading hands.

BioSyent Stock Performance

The firm has a 50-day simple moving average of C$10.76 and a 200 day simple moving average of C$11.05. The company has a quick ratio of 6.91, a current ratio of 3.92 and a debt-to-equity ratio of 2.90. The company has a market cap of C$134.39 million, a price-to-earnings ratio of 19.07 and a beta of 0.93.

About BioSyent

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BioSyent Inc, together with its subsidiaries, acquires or licenses, develops, and sells pharmaceutical and other healthcare products in Canada and internationally. Its products include FeraMAX Pd Therapeutic 150 for the treatment of iron deficiency anemia; FeraMAX Pd Maintenance 45, a chewable supplement for the prevention of iron deficiency anemia; and FeraMAX Pd Powder 15, a powder form product used for preventing iron deficiency and iron deficiency anemia.

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