VentriPoint Diagnostics (CVE:VPT) Shares Up 11.8% – Should You Buy?

VentriPoint Diagnostics Ltd. (CVE:VPTGet Free Report) shot up 11.8% during mid-day trading on Thursday . The company traded as high as C$0.20 and last traded at C$0.19. 312,200 shares were traded during mid-day trading, an increase of 241% from the average session volume of 91,579 shares. The stock had previously closed at C$0.17.

VentriPoint Diagnostics Stock Performance

The stock has a market cap of C$29.08 million, a P/E ratio of -6.17 and a beta of 0.41. The firm’s 50-day moving average is C$0.18 and its two-hundred day moving average is C$0.21. The company has a quick ratio of 6.67, a current ratio of 0.28 and a debt-to-equity ratio of 217.41.

About VentriPoint Diagnostics

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Ventripoint Diagnostics Ltd., a medical device company, engages in the development and commercialization of diagnostic tools that monitor patients with heart disease worldwide. It offers Ventripoint Medical System (VMS), a medical imaging system that is used to generate three-dimensional models with critical volume and functional measurements of a patient’s heart chambers.

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