Theralase Technologies (CVE:TLT) Trading Up 13% – Here’s What Happened

Theralase Technologies Inc. (CVE:TLTGet Free Report)’s stock price was up 13% on Monday . The stock traded as high as C$0.26 and last traded at C$0.26. Approximately 142,156 shares changed hands during trading, a decline of 52% from the average daily volume of 295,527 shares. The stock had previously closed at C$0.23.

Theralase Technologies Stock Performance

The stock has a 50-day moving average of C$0.28 and a 200-day moving average of C$0.24. The firm has a market cap of C$71.71 million, a price-to-earnings ratio of -16.25 and a beta of -0.33. The company has a debt-to-equity ratio of 25.76, a quick ratio of 3.40 and a current ratio of 1.25.

About Theralase Technologies

(Get Free Report)

Theralase Technologies Inc, a clinical stage pharmaceutical company, engages in the research and development of light activated photo dynamic compounds (PDCs) and their associated drug formulations to treat cancers, bacteria, and viruses in Canada, the United States, and internationally. It also designs, develops, manufactures, and markets patented and proprietary super-pulsed laser technology for the healing of chronic knee pain, as well as for off-label use to heal various nerve, muscle, and joint conditions.

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