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Medicenna Therapeutics (TSE:MDNA) Stock Price Up 1% - Should You Buy?

Medicenna Therapeutics logo with Medical background

Key Points

  • Medicenna Therapeutics' stock price increased by 1% during trading, closing at C$1.00 after reaching a high of C$1.01.
  • The company's market capitalization stands at C$83.41 million, with a significant PE ratio of -6.25.
  • Medicenna is focused on developing immuno-oncology treatments, specifically targeting various cancers through its Empowered Cytokines and Superkines technology.
  • Five stocks to consider instead of Medicenna Therapeutics.

Medicenna Therapeutics Corp. (TSE:MDNA - Get Free Report)'s stock price rose 1% during trading on Friday . The stock traded as high as C$1.01 and last traded at C$1.00. Approximately 9,585 shares traded hands during trading, a decline of 78% from the average daily volume of 44,198 shares. The stock had previously closed at C$0.99.

Medicenna Therapeutics Price Performance

The company has a 50 day moving average price of C$0.99 and a 200 day moving average price of C$0.98. The firm has a market cap of C$83.41 million, a PE ratio of -6.25 and a beta of 2.80. The company has a current ratio of 11.40, a quick ratio of 4.65 and a debt-to-equity ratio of 0.88.

About Medicenna Therapeutics

(Get Free Report)

Medicenna Therapeutics Corp is a Canada based immuno-oncology company. Its principal business activity is the development and commercialization of Empowered Cytokines and Superkines for the treatment of cancer. The company is engaged in developing Interleukin-4 Empowered Cytokines that specifically target the Interleukin-4 Receptor which is over-expressed by 20 different cancers, cancer stem cells and immunosuppressive cells of the tumor microenvironment.

See Also

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