Crescita Therapeutics (TSE:CTX) Shares Up 3.7% – What’s Next?

Crescita Therapeutics Inc. (TSE:CTXGet Free Report) was up 3.7% during trading on Tuesday . The stock traded as high as C$0.56 and last traded at C$0.56. Approximately 10,000 shares changed hands during trading, a decline of 54% from the average daily volume of 21,969 shares. The stock had previously closed at C$0.54.

Crescita Therapeutics Price Performance

The business has a 50-day moving average price of C$0.58 and a two-hundred day moving average price of C$0.57. The company has a quick ratio of 2.29, a current ratio of 3.37 and a debt-to-equity ratio of 6.02. The company has a market capitalization of C$11.24 million, a price-to-earnings ratio of -3.87 and a beta of 1.69.

Crescita Therapeutics Company Profile

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Crescita Therapeutics Inc, a dermatology company, provides non-prescription skincare products and prescription drug products in Canada, the United States, and internationally. The company operates through three segments: Commercial Skincare, Licensing and Royalties, and Manufacturing and Services. It owns proprietary platform technologies, including Multiplexed Molecular Penetration Enhancers (MMPE) and DuraPeel for the development of topicals containing cannabis and hemp.

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