Hamilton Thorne (CVE:HTL) Shares Up 4.3% – What’s Next?

Hamilton Thorne Ltd. (CVE:HTL) shot up 4.3% during trading on Friday . The stock traded as high as C$1.45 and last traded at C$1.45. 25,700 shares were traded during mid-day trading, a decline of 27% from the average session volume of 35,118 shares. The stock had previously closed at C$1.39.

Hamilton Thorne Trading Up 4.3%

The firm has a 50 day simple moving average of C$1.45 and a 200 day simple moving average of C$1.45. The company has a debt-to-equity ratio of 16.60, a quick ratio of 2.25 and a current ratio of 3.20. The firm has a market cap of C$149.69 million, a P/E ratio of 58.94 and a beta of 0.54.

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.