Microbix Biosystems (TSE:MBX) Shares Down 4.8%

Microbix Biosystems Inc. (TSE:MBXGet Free Report) shares traded down 4.8% on Friday . The company traded as low as C$0.30 and last traded at C$0.30. 187,287 shares traded hands during mid-day trading, an increase of 179% from the average session volume of 67,151 shares. The stock had previously closed at C$0.32.

Microbix Biosystems Stock Down 4.8 %

The company has a quick ratio of 5.57, a current ratio of 8.53 and a debt-to-equity ratio of 24.53. The firm has a market capitalization of C$41.23 million, a PE ratio of 10.50 and a beta of 0.25. The business’s 50-day moving average price is C$0.33 and its 200-day moving average price is C$0.37.

Microbix Biosystems Company Profile

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Microbix Biosystems Inc, a life science company, develops and commercializes proprietary biological and technological solutions for human health and wellbeing in North America, Europe, and internationally. The company manufactures diagnostic-test products, such as test-controls under the QAPs brand; viral transport medium for collection of patient samples to test for pathogens including virus causing the COVID-19 disease under the DxTM brand; Kinlytic, a biologic thrombolytic drug used to treat blood clots; and antigen products.

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