Aptose Biosciences (TSE:APS) Hits New 52-Week Low – Here’s Why

Shares of Aptose Biosciences Inc. (TSE:APSGet Free Report) (NASDAQ:APTO) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.50 and last traded at C$0.50, with a volume of 1500 shares trading hands. The stock had previously closed at C$0.49.

Aptose Biosciences Stock Performance

The business’s 50-day moving average price is C$0.55 and its 200-day moving average price is C$1.07. The company has a debt-to-equity ratio of 670.80, a quick ratio of 5.41 and a current ratio of 0.80. The stock has a market cap of C$9.06 million, a P/E ratio of -0.08 and a beta of 1.36.

Aptose Biosciences (TSE:APSGet Free Report) (NASDAQ:APTO) last issued its earnings results on Thursday, August 8th. The biotechnology company reported C($0.59) earnings per share for the quarter, topping the consensus estimate of C($0.80) by C$0.21. As a group, sell-side analysts expect that Aptose Biosciences Inc. will post -0.59 earnings per share for the current fiscal year.

About Aptose Biosciences

(Get Free Report)

Aptose Biosciences Inc, a clinical-stage biotechnology company, discovers and develops personalized therapies addressing unmet medical needs in oncology in Canada. Its lead clinical program is APTO-253, which is a Phase I clinical trial for the treatment of patients with relapsed or refractory hematologic malignancies.

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