Theralase Technologies (CVE:TLT) Trading Up 10.2% – What’s Next?

Theralase Technologies Inc. (CVE:TLTGet Free Report)’s stock price traded up 10.2% during mid-day trading on Tuesday . The stock traded as high as C$0.28 and last traded at C$0.27. 223,000 shares were traded during mid-day trading, an increase of 115% from the average session volume of 103,522 shares. The stock had previously closed at C$0.25.

Theralase Technologies Trading Up 14.3 %

The company has a current ratio of 1.21, a quick ratio of 3.40 and a debt-to-equity ratio of 20.58. The company has a market cap of C$68.75 million, a PE ratio of -14.00 and a beta of 1.36. The stock has a 50 day moving average price of C$0.27 and a 200 day moving average price of C$0.23.

About Theralase Technologies

(Get Free Report)

Theralase Technologies Inc, a clinical stage pharmaceutical company, engages in the research and development of light activated photo dynamic compounds (PDCs) and their associated drug formulations to treat cancers, bacteria, and viruses in Canada, the United States, and internationally. It also designs, develops, manufactures, and markets patented and proprietary super-pulsed laser technology for the healing of chronic knee pain, as well as for off-label use to heal various nerve, muscle, and joint conditions.

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