VentriPoint Diagnostics (CVE:VPT) Trading 16.7% Higher – Here’s Why

VentriPoint Diagnostics Ltd. (CVE:VPT) was up 16.7% during trading on Wednesday . The stock traded as high as C$0.16 and last traded at C$0.14. Approximately 786,338 shares changed hands during trading, an increase of 371% from the average daily volume of 167,095 shares. The stock had previously closed at C$0.12.

VentriPoint Diagnostics Trading Up 16.7%

The company has a market cap of C$23.48 million, a P/E ratio of -4.67 and a beta of -0.41. The company has a current ratio of 0.28, a quick ratio of 6.67 and a debt-to-equity ratio of -58.56. The business has a 50 day moving average price of C$0.10 and a 200-day moving average price of C$0.11.

VentriPoint Diagnostics Company Profile

Ventripoint Diagnostics Ltd., a medical device company, engages in the development and commercialization of diagnostic tools that monitor patients with heart disease worldwide. It offers Ventripoint Medical System (VMS), a medical imaging system that is used to generate three-dimensional models with critical volume and functional measurements of a patient’s heart chambers. The company also provides VMS+ software, a 2D and 3D ultrasound models. In addition, it develops a suite of applications for various heart diseases and imaging modalities, including congenital heart disease, pregnancy, pulmonary hypertension, COVID-19, technically difficult imaging, and cardiotoxicity in oncology patients.