Aptose Biosciences (TSE:APS) Hits New 52-Week Low – Here’s Why

Aptose Biosciences Inc. (TSE:APSGet Free Report) (NASDAQ:APTO) shares hit a new 52-week low on Thursday . The company traded as low as C$0.50 and last traded at C$0.50, with a volume of 1500 shares trading hands. The stock had previously closed at C$0.49.

Aptose Biosciences Stock Performance

The firm has a market capitalization of C$9.06 million, a PE ratio of -0.08 and a beta of 1.36. The company has a current ratio of 0.80, a quick ratio of 5.41 and a debt-to-equity ratio of 670.80. The business’s 50 day simple moving average is C$0.55 and its two-hundred day simple moving average is C$1.07.

Aptose Biosciences (TSE:APSGet Free Report) (NASDAQ:APTO) last announced its earnings results on Thursday, August 8th. The biotechnology company reported C($0.59) earnings per share for the quarter, beating analysts’ consensus estimates of C($0.80) by C$0.21. Research analysts expect that Aptose Biosciences Inc. will post -0.59 earnings per share for the current fiscal year.

Aptose Biosciences Company Profile

(Get Free Report)

Aptose Biosciences Inc, a clinical-stage biotechnology company, discovers and develops personalized therapies addressing unmet medical needs in oncology in Canada. Its lead clinical program is APTO-253, which is a Phase I clinical trial for the treatment of patients with relapsed or refractory hematologic malignancies.

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