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BioSyent (CVE:RX) Share Price Passes Above 50 Day Moving Average - Time to Sell?

BioSyent logo with Medical background

BioSyent Inc. (CVE:RX - Get Free Report)'s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$11.06 and traded as high as C$11.13. BioSyent shares last traded at C$10.80, with a volume of 869 shares changing hands.

BioSyent Stock Performance

The company has a market cap of C$114.95 million, a P/E ratio of 16.31 and a beta of 0.93. The company's fifty day moving average is C$10.98 and its 200 day moving average is C$11.13. The company has a current ratio of 3.92, a quick ratio of 6.91 and a debt-to-equity ratio of 2.90.

BioSyent Company Profile

(Get Free Report)

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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