Quest PharmaTech (CVE:QPT) Hits New 52-Week Low – What’s Next?

Quest PharmaTech Inc. (CVE:QPTGet Free Report) shares reached a new 52-week low on Friday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 5500 shares traded. The stock had previously closed at C$0.03.

Quest PharmaTech Stock Down 20.0%

The stock has a market capitalization of C$3.38 million, a P/E ratio of 0.67 and a beta of -0.07. The firm’s fifty day moving average is C$0.03 and its 200-day moving average is C$0.03. The company has a current ratio of 0.40, a quick ratio of 0.52 and a debt-to-equity ratio of 4.35.

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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