Medicenna Therapeutics (TSE:MDNA) Trading Up 6.9% – Time to Buy?

Medicenna Therapeutics Corp. (TSE:MDNAGet Free Report)’s share price was up 6.9% on Friday . The stock traded as high as C$1.08 and last traded at C$1.08. Approximately 159,486 shares traded hands during trading, an increase of 255% from the average daily volume of 44,869 shares. The stock had previously closed at C$1.01.

Medicenna Therapeutics Trading Up 17.8%

The firm has a market capitalization of C$89.03 million, a price-to-earnings ratio of -3.28 and a beta of 1.21. The company has a fifty day moving average price of C$0.88 and a two-hundred day moving average price of C$1.02. The company has a current ratio of 11.40, a quick ratio of 4.65 and a debt-to-equity ratio of 0.88.

About Medicenna Therapeutics

(Get Free Report)

Medicenna Therapeutics Corp is a Canada based immuno-oncology company. Its principal business activity is the development and commercialization of Empowered Cytokines and Superkines for the treatment of cancer. The company is engaged in developing Interleukin-4 Empowered Cytokines that specifically target the Interleukin-4 Receptor which is over-expressed by 20 different cancers, cancer stem cells and immunosuppressive cells of the tumor microenvironment.

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