BioSyent Inc. (CVE:RX – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as C$16.58 and last traded at C$16.79, with a volume of 17273 shares changing hands. The stock had previously closed at C$16.00.
BioSyent Stock Up 4.9%
The firm has a market capitalization of C$189.88 million, a PE ratio of 19.66 and a beta of 1.11. The stock has a 50-day simple moving average of C$15.26 and a 200-day simple moving average of C$14.82. The company has a quick ratio of 6.91, a current ratio of 2.07 and a debt-to-equity ratio of 6.85.
Insider Transactions at BioSyent
In other BioSyent news, Director Seyed Ahmad Ashrafi sold 1,884 shares of the company’s stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of C$14.65, for a total transaction of C$27,600.60. Following the sale, the director directly owned 37,261 shares of the company’s stock, valued at C$545,873.65. This represents a 4.81% decrease in their ownership of the stock. In the last quarter, insiders sold 5,635 shares of company stock valued at $85,368. Insiders own 33.65% of the company’s stock.
About BioSyent
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. It offers Tibella, a hormone replacement therapy consisting of tibolone; Inofolic, a natural health product to address polycystic ovarian syndrome symptoms; RepaGyn, a vaginal suppository for the healing of the vaginal mucosa, as well as for the treatment of vaginal dryness caused by aging, menopause, stress, and chemotherapy; and Gelclair, a gel formulated to aid the pain or oral mucositis.
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