Acasti Pharma (CVE:ACST) Shares Up 1.8% – Here’s Why

Acasti Pharma Inc. (CVE:ACSTGet Free Report) shares were up 1.8% during trading on Wednesday . The stock traded as high as C$0.58 and last traded at C$0.58. Approximately 2,450 shares traded hands during mid-day trading, a decline of 63% from the average daily volume of 6,576 shares. The stock had previously closed at C$0.57.

Acasti Pharma Stock Performance

The firm’s 50-day moving average price is C$0.58 and its two-hundred day moving average price is C$0.58. The company has a quick ratio of 9.41, a current ratio of 9.74 and a debt-to-equity ratio of 0.52. The firm has a market capitalization of C$25.87 million, a PE ratio of -1.07 and a beta of 1.22.

Acasti Pharma Company Profile

(Get Free Report)

Acasti Pharma Inc, a biopharmaceutical company, engages in the development and commercialization of pharmaceutical products for cardiovascular diseases. It is evaluating strategic partnerships for the clinical development of CaPre. The company was incorporated in 2002 and is headquartered in Laval, Canada.

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