Voyageur Pharmaceuticals (CVE:VM) Stock Price Down 10.7% – Time to Sell?

Voyageur Pharmaceuticals Ltd. (CVE:VMGet Free Report)’s stock price traded down 10.7% on Monday . The company traded as low as C$0.12 and last traded at C$0.12. Approximately 252,156 shares were traded during trading, an increase of 149% from the average session volume of 101,128 shares. The stock had previously closed at C$0.14.

Voyageur Pharmaceuticals Trading Down 10.7%

The business has a fifty day moving average of C$0.10 and a 200-day moving average of C$0.13. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.84 and a current ratio of 0.18. The company has a market capitalization of C$22.43 million, a P/E ratio of -12.50 and a beta of 0.78.

About Voyageur Pharmaceuticals

(Get Free Report)

Voyageur Pharmaceuticals Ltd., together with its subsidiaries, engages in the acquiring, exploring, and developing raw materials for pharmaceutical products, primarily in the province of British Columbia, Canada, and the state of Utah. The company develops barium and iodine-based APIs. The company was formerly known as Voyageur Minerals Ltd. and changed its name to Voyageur Pharmaceuticals Ltd. in December 2019. Voyageur Pharmaceuticals Ltd. was founded in 2017 and is headquartered in Calgary, Canada.

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