Crescita Therapeutics (TSE:CTX) Trading 3.2% Higher – Here’s Why

Crescita Therapeutics Inc. (TSE:CTXGet Free Report) rose 3.2% during trading on Monday . The company traded as high as C$0.64 and last traded at C$0.64. Approximately 2,020 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 22,788 shares. The stock had previously closed at C$0.62.

Crescita Therapeutics Price Performance

The company has a current ratio of 3.37, a quick ratio of 2.29 and a debt-to-equity ratio of 6.02. The business’s fifty day moving average is C$0.59 and its 200 day moving average is C$0.55. The firm has a market capitalization of C$12.40 million, a P/E ratio of -4.27 and a beta of 1.69.

Crescita Therapeutics Company Profile

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Crescita Therapeutics Inc, a dermatology company, provides non-prescription skincare products and prescription drug products in Canada, the United States, and internationally. The company operates through three segments: Commercial Skincare, Licensing and Royalties, and Manufacturing and Services. It owns proprietary platform technologies, including Multiplexed Molecular Penetration Enhancers (MMPE) and DuraPeel for the development of topicals containing cannabis and hemp.

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