Quest PharmaTech (CVE:QPT) Sets New 52-Week Low – Here’s Why

Shares of Quest PharmaTech Inc. (CVE:QPTGet Free Report) reached a new 52-week low on Monday . The company traded as low as C$0.02 and last traded at C$0.03, with a volume of 192998 shares traded. The stock had previously closed at C$0.03.

Quest PharmaTech Price Performance

The firm’s fifty day simple moving average is C$0.03 and its 200 day simple moving average is C$0.03. The company has a current ratio of 0.40, a quick ratio of 0.52 and a debt-to-equity ratio of 4.35. The company has a market cap of C$4.23 million, a price-to-earnings ratio of 0.83 and a beta of 0.00.

About Quest PharmaTech

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Quest PharmaTech Inc, a pharmaceutical company, engages in the development of novel therapeutics for the treatment of targeted cancer. Its lead product candidate is Mab AR 9.6 against truncated O-glycan on MUC16, for targeted cancer therapy applications. The company also offers Oregovomab, which is in Phase III clinical trial for the treatment of ovarian cancer. In addition, it develops, manufactures, and commercializes immunotherapy products for pancreatic cancer; and combinatorial immunotherapeutic products for the treatment cancer by using monoclonal antibodies of the immunoglobulin of G and E class.

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