Quest PharmaTech (CVE:QPT) Reaches New 52-Week Low – Should You Sell?

Quest PharmaTech Inc. (CVE:QPT – Get Free Report) shares hit a new 52-week low on Thursday. The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 2,000 shares. The stock had previously closed at C$0.02.

Quest PharmaTech Price Performance

The firm has a market capitalization of C$3.38 million, a P/E ratio of 0.68 and a beta of -0.75. The company has a debt-to-equity ratio of 4.35, a quick ratio of 0.52 and a current ratio of 0.40. The stock has a 50 day moving average of C$0.02 and a 200-day moving average of C$0.03.

About Quest PharmaTech

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Quest PharmaTech Inc, a pharmaceutical company, engages in the development of novel therapeutics for the treatment of targeted cancer. Its lead product candidate is Mab AR 9.6 against truncated O-glycan on MUC16, for targeted cancer therapy applications. The company also offers Oregovomab, which is in Phase III clinical trial for the treatment of ovarian cancer. In addition, it develops, manufactures, and commercializes immunotherapy products for pancreatic cancer; and combinatorial immunotherapeutic products for the treatment cancer by using monoclonal antibodies of the immunoglobulin of G and E class.

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