DIAGNOS (CVE:ADK) Shares Down 3.6% – Here’s Why

Shares of DIAGNOS Inc. (CVE:ADK) dropped 3.6% on Tuesday . The company traded as low as C$0.25 and last traded at C$0.27. Approximately 158,300 shares were traded during mid-day trading, an increase of 71% from the average daily volume of 92,336 shares. The stock had previously closed at C$0.28.

DIAGNOS Stock Down 3.6 %

The company has a debt-to-equity ratio of 245.28, a current ratio of 0.39 and a quick ratio of 0.68. The stock has a market capitalization of C$21.58 million, a PE ratio of -6.63 and a beta of -0.44. The company has a 50 day moving average price of C$0.34 and a 200-day moving average price of C$0.33.

DIAGNOS (CVE:ADK) last issued its quarterly earnings data on Wednesday, August 21st. The company reported C($0.01) EPS for the quarter, topping the consensus estimate of C($0.02) by C$0.01. The company had revenue of C$0.04 million during the quarter, compared to the consensus estimate of C$0.07 million. As a group, analysts forecast that DIAGNOS Inc. will post -0.02 earnings per share for the current fiscal year.

About DIAGNOS

DIAGNOS Inc provides software-based services primarily in Canada, the United States, Colombia, Spain, Mexico, Saudi Arabia, and Costa Rica. The company offers healthcare services through Computer Assisted Retina Analysis, a web-based software tool that assists healthcare professionals for the detection of diabetic retinopathy; and allows eye care specialist to visualize both normal retinal landmarks and pathological changes.