Quest PharmaTech (CVE:QPT) Trading 40% Higher – Should You Buy?

Quest PharmaTech Inc. (CVE:QPTGet Free Report) shares shot up 40% on Friday . The stock traded as high as C$0.04 and last traded at C$0.04. 1,172,033 shares were traded during trading, an increase of 1,485% from the average session volume of 73,952 shares. The stock had previously closed at C$0.03.

Quest PharmaTech Stock Performance

The company has a current ratio of 0.40, a quick ratio of 0.52 and a debt-to-equity ratio of 4.35. The company has a market capitalization of C$5.07 million, a price-to-earnings ratio of -1.50 and a beta of 0.14. The stock’s fifty day simple moving average is C$0.03 and its 200-day simple moving average is C$0.03.

About Quest PharmaTech

(Get Free Report)

Quest PharmaTech Inc, a pharmaceutical company, engages in the development of novel therapeutics for the treatment of targeted cancer. Its lead product candidate is Mab AR 9.6 against truncated O-glycan on MUC16, for targeted cancer therapy applications. The company also offers Oregovomab, which is in Phase III clinical trial for the treatment of ovarian cancer.

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