Medicenna Therapeutics (TSE:MDNA) Stock Price Up 4.6% – Should You Buy?

Medicenna Therapeutics Corp. (TSE:MDNAGet Free Report)’s share price rose 4.6% during trading on Friday . The stock traded as high as C$0.92 and last traded at C$0.91. Approximately 4,855 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 51,231 shares. The stock had previously closed at C$0.87.

Medicenna Therapeutics Trading Up 4.6%

The company has a quick ratio of 4.65, a current ratio of 11.40 and a debt-to-equity ratio of 0.88. The firm has a 50 day moving average of C$1.02 and a 200 day moving average of C$1.25. The firm has a market cap of C$68.08 million, a PE ratio of -2.51 and a beta of 1.21.

About Medicenna Therapeutics

(Get Free Report)

Medicenna Therapeutics Corp is a Canada based immuno-oncology company. Its principal business activity is the development and commercialization of Empowered Cytokines and Superkines for the treatment of cancer. The company is engaged in developing Interleukin-4 Empowered Cytokines that specifically target the Interleukin-4 Receptor which is over-expressed by 20 different cancers, cancer stem cells and immunosuppressive cells of the tumor microenvironment.

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