Medicenna Therapeutics (TSE:MDNA) Trading 12.9% Higher

Shares of Medicenna Therapeutics Corp. (TSE:MDNAGet Free Report) shot up 12.9% during mid-day trading on Wednesday . The stock traded as high as C$1.76 and last traded at C$1.75. 62,156 shares traded hands during mid-day trading, a decline of 49% from the average session volume of 122,649 shares. The stock had previously closed at C$1.55.

Medicenna Therapeutics Price Performance

The firm has a market capitalization of C$135.80 million, a P/E ratio of -8.48 and a beta of 1.16. The company has a debt-to-equity ratio of 0.06, a quick ratio of 4.65 and a current ratio of 5.00. The firm has a 50-day moving average of C$1.49 and a 200-day moving average of C$0.80.

Medicenna Therapeutics Company Profile

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Medicenna Therapeutics Corp., an immunotherapy company, engages in the development and commercialization of Superkines and empowered Superkines for the treatment of cancer and other diseases. It develops MDNA55, an interleukin- 4 (IL-4) EC for the treatment of recurrent glioblastoma, as well as for brain tumors.

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