Hamilton Thorne (CVE:HTL) Stock Price Up 4.3% – Here’s Why

Hamilton Thorne Ltd. (CVE:HTL)’s share price rose 4.3% during trading on Tuesday . The company traded as high as C$1.45 and last traded at C$1.45. Approximately 25,700 shares changed hands during trading, a decline of 27% from the average daily volume of 35,118 shares. The stock had previously closed at C$1.39.

Hamilton Thorne Stock Performance

The stock’s 50-day simple moving average is C$1.45 and its 200 day simple moving average is C$1.45. The company has a debt-to-equity ratio of 33.94, a quick ratio of 2.25 and a current ratio of 2.63. The company has a market cap of C$212.89 million, a PE ratio of 48.33 and a beta of 0.54.

Insider Activity

In other Hamilton Thorne news, insider AWM Investment Company, Inc. bought 783,000 shares of the company’s stock in a transaction on Thursday, October 10th. The stock was purchased at an average cost of C$1.56 per share, for a total transaction of C$1,221,010.20. Insiders own 29.41% of the company’s stock.

Hamilton Thorne Company Profile

Hamilton Thorne Ltd. develops, manufactures, and sells precision instruments, consumables, software, and services for the assisted reproductive technologies (ART), research, and cell biology markets. It offers precision laser systems, imaging systems, and other equipment and consumables for the ART and developmental biology research markets.