VentriPoint Diagnostics (CVE:VPT) Shares Down 10.5% – Here’s Why

VentriPoint Diagnostics Ltd. (CVE:VPT – Get Free Report) shares fell 10.5% on Tuesday. The company traded as low as C$0.09 and last traded at C$0.09. Approximately 101,225 shares changed hands during mid-day trading, a decline of 17% from the average session volume of 122,051 shares. The stock had previously closed at C$0.10.

VentriPoint Diagnostics Price Performance

The company has a market cap of C$16.39 million, a P/E ratio of -4.25 and a beta of -1.07. The company has a current ratio of 0.12, a quick ratio of 6.67 and a debt-to-equity ratio of -68.25. The company’s 50-day moving average price is C$0.09 and its two-hundred day moving average price is C$0.11.

About VentriPoint Diagnostics

(Get Free Report)

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.

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