ProMIS Neurosciences (TSE:PMN) Shares Down 3.8%

ProMIS Neurosciences, Inc. (TSE:PMNGet Free Report) dropped 3.8% during trading on Monday . The company traded as low as C$5.98 and last traded at C$6.00. Approximately 19,701 shares were traded during mid-day trading, an increase of 492% from the average daily volume of 3,327 shares. The stock had previously closed at C$6.24.

ProMIS Neurosciences Stock Performance

The company’s 50-day moving average is C$6.00. The company has a quick ratio of 1.30, a current ratio of 0.51 and a debt-to-equity ratio of 108.33. The stock has a market cap of C$51.48 million, a P/E ratio of -1.78 and a beta of 1.19.

About ProMIS Neurosciences

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ProMIS Neurosciences, Inc discovers and develops antibody therapies and therapeutic vaccines neurodegenerative diseases and other misfolded protein diseases in Canada. The company's proprietary discovery platform comprises ProMIS and Collective Coordinates algorithms to predict novel targets known as disease specific epitopes on the molecular surface of misfolded proteins.

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