ProMIS Neurosciences (TSE:PMN) Trading Down 3.8% – Here’s Why

Shares of ProMIS Neurosciences, Inc. (TSE:PMNGet Free Report) fell 3.8% during trading on Monday . The stock traded as low as C$5.98 and last traded at C$6.00. 19,701 shares changed hands during trading, an increase of 492% from the average session volume of 3,327 shares. The stock had previously closed at C$6.24.

ProMIS Neurosciences Stock Performance

The company has a debt-to-equity ratio of 108.33, a quick ratio of 1.30 and a current ratio of 0.51. The firm has a market cap of C$51.48 million, a P/E ratio of -1.78 and a beta of 1.19. The business has a 50-day simple moving average of C$6.00.

ProMIS Neurosciences Company Profile

(Get Free Report)

ProMIS Neurosciences, Inc discovers and develops antibody therapies and therapeutic vaccines neurodegenerative diseases and other misfolded protein diseases in Canada. The company's proprietary discovery platform comprises ProMIS and Collective Coordinates algorithms to predict novel targets known as disease specific epitopes on the molecular surface of misfolded proteins.

Further Reading

Receive News & Ratings for ProMIS Neurosciences Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProMIS Neurosciences and related companies with MarketBeat.com's FREE daily email newsletter.