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

Hamilton Thorne Ltd. (CVE:HTL)’s share price shot up 4.3% during mid-day trading on Tuesday . The stock traded as high as C$1.45 and last traded at C$1.45. 25,700 shares traded hands during 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 Price Performance

The company has a market capitalization of C$212.89 million, a price-to-earnings ratio of 48.33 and a beta of 0.54. The company’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 current ratio of 2.63, a quick ratio of 2.25 and a debt-to-equity ratio of 33.94.

Insider Buying and Selling

In related news, insider AWM Investment Company, Inc. bought 783,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 10th. The shares were acquired at an average cost of C$1.56 per share, with a total value of C$1,221,010.20. Corporate insiders own 29.41% of the company’s stock.

About Hamilton Thorne

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.