Antibe Therapeutics (TSE:ATE) Stock Passes Below 50 Day Moving Average – Should You Sell?

Antibe Therapeutics Inc. (TSE:ATEGet Free Report) shares crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of C$0.30 and traded as low as C$0.26. Antibe Therapeutics shares last traded at C$0.30, with a volume of 167,044 shares changing hands.

Antibe Therapeutics Price Performance

The stock has a market capitalization of C$15.64 million, a P/E ratio of -0.84 and a beta of 0.19. The company has a debt-to-equity ratio of 0.29, a quick ratio of 9.58 and a current ratio of 10.06. The company’s 50-day moving average is C$0.30.

About Antibe Therapeutics

(Get Free Report)

Antibe Therapeutics Inc, a biotechnology company, engages in developing novel therapeutics and medical devices in the areas of pain, inflammation and regenerative medicine in Canada, Europe, the United States, and internationally. The company's pipeline includes therapies that seek to overcome the gastrointestinal (GI) ulcers and bleeding associated with nonsteroidal anti-inflammatory drugs (NSAIDs).

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