Acasti Pharma (CVE:ACST) Trading Up 1.8% – Here’s Why

Acasti Pharma Inc. (CVE:ACSTGet Free Report) traded up 1.8% during mid-day trading on Thursday . The company traded as high as C$0.58 and last traded at C$0.58. 2,450 shares were traded during mid-day trading, a decline of 63% from the average session volume of 6,576 shares. The stock had previously closed at C$0.57.

Acasti Pharma Price Performance

The company has a debt-to-equity ratio of 0.52, a quick ratio of 9.41 and a current ratio of 9.74. The stock has a market capitalization of C$25.87 million, a price-to-earnings ratio of -1.07 and a beta of 1.22. The company has a fifty day simple moving average of C$0.58 and a two-hundred day simple moving average of C$0.58.

Acasti Pharma Company Profile

(Get Free Report)

Acasti Pharma Inc, a biopharmaceutical company, engages in the development and commercialization of pharmaceutical products for cardiovascular diseases. It is evaluating strategic partnerships for the clinical development of CaPre. The company was incorporated in 2002 and is headquartered in Laval, Canada.

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