Medicenna Therapeutics (TSE:MDNA) Stock Price Up 4.6% – Should You Buy?

Medicenna Therapeutics Corp. (TSE:MDNAGet Free Report) rose 4.6% on Friday . The company traded as high as C$0.92 and last traded at C$0.91. Approximately 4,855 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 51,231 shares. The stock had previously closed at C$0.87.

Medicenna Therapeutics Price Performance

The business has a 50 day moving average price of C$1.02 and a two-hundred day moving average price of C$1.25. The stock has a market cap of C$68.08 million, a PE ratio of -2.51 and a beta of 1.21. The company has a debt-to-equity ratio of 0.88, a quick ratio of 4.65 and a current ratio of 11.40.

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.

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