Liberty Biopharma (CVE:LTY) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Liberty Biopharma Inc (CVE:LTYGet Free Report)’s stock price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$2.00 and traded as low as C$2.00. Liberty Biopharma shares last traded at C$2.00, with a volume of 700 shares changing hands.

Liberty Biopharma Stock Performance

The company has a debt-to-equity ratio of 8.19, a quick ratio of 0.12 and a current ratio of 0.12. The stock has a 50 day moving average of C$2.00 and a 200 day moving average of C$2.00. The stock has a market capitalization of C$21.54 million and a P/E ratio of -12.66.

About Liberty Biopharma

(Get Free Report)

Liberty Biopharma Inc, a clinical stage biopharmaceutical company, engages in the research, development, and commercialization of an automated bioprocessing and cell isolation technology. Its technology is used in the isolation of regenerative cells from human adipose tissues for use in research, cosmetic and aesthetic medicine, burn management, wound management and non-healing wounds, cardiovascular and heart diseases, peripheral arterial disease, critical limb ischemia or diabetic leg, and hepatic disease and kidney disease.

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