Helix BioPharma (TSE:HBP) Hits New 12-Month Low – Time to Sell?

Helix BioPharma Corp. (TSE:HBPGet Free Report) shares reached a new 52-week low during trading on Thursday . The company traded as low as C$0.76 and last traded at C$0.82, with a volume of 7026 shares traded. The stock had previously closed at C$1.10.

Helix BioPharma Stock Down 25.5 %

The firm’s 50-day simple moving average is C$1.19 and its 200 day simple moving average is C$0.59. The company has a market cap of C$40.20 million, a P/E ratio of -5.50 and a beta of -0.84. The company has a debt-to-equity ratio of 773.67, a quick ratio of 1.04 and a current ratio of 0.74.

About Helix BioPharma

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Helix BioPharma Corp. operates as an immune-oncology company in Canada. It is developing L-DOS47 for the treatment of non-small cell lung cancer; and V-DOS47 that targets the vascular epithelial growth factor receptor 2. Helix BioPharma Corp. has collaboration agreements with Moffitt Cancer Center to investigate the pharmacodynamics of L-DOS47 and determine the benefits of combining L-DOS47 with immune checkpoint inhibitors; and with University Hospital Tuebingen to assess the therapeutic response of L-DOS47 in cancer models expressing CEACAM6, with advanced preclinical metabolic imaging.

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