Liberty Biopharma (CVE:LTY) Share Price Crosses Below 200 Day Moving Average – What’s Next?

Liberty Biopharma Inc (CVE:LTY) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$2.00 and traded as low as C$2.00. Liberty Biopharma shares last traded at C$2.00, with a volume of 700 shares trading hands.

Liberty Biopharma Price Performance

The company has a debt-to-equity ratio of 8.19, a quick ratio of 0.12 and a current ratio of 0.12. The company has a market cap of C$21.54 million and a P/E ratio of -12.66. The firm’s fifty day moving average is C$2.00 and its two-hundred day moving average is C$2.00.

Liberty Biopharma Company Profile

Liberty Biopharma Inc, a clinical stage biopharmaceutical company, engages in the research, development, and commercialization of an automated bioprocessing and cell isolation technology. Its technology is used in the isolation of regenerative cells from human adipose tissues for use in research, cosmetic and aesthetic medicine, burn management, wound management and non-healing wounds, cardiovascular and heart diseases, peripheral arterial disease, critical limb ischemia or diabetic leg, and hepatic disease and kidney disease.