Medicenna Therapeutics (TSE:MDNA) Stock Price Up 18.7% – Still a Buy?

Shares of Medicenna Therapeutics Corp. (TSE:MDNAGet Free Report) traded up 18.7% on Thursday . The company traded as high as C$2.16 and last traded at C$1.97. 198,919 shares changed hands during trading, an increase of 89% from the average session volume of 105,118 shares. The stock had previously closed at C$1.66.

Medicenna Therapeutics Trading Up 16.3 %

The stock has a market cap of C$147.51 million, a price-to-earnings ratio of -4.37 and a beta of 1.21. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.51 and a quick ratio of 4.65. The company’s fifty day moving average price is C$2.03 and its 200-day moving average price is C$2.11.

Medicenna Therapeutics Company Profile

(Get Free Report)

Medicenna Therapeutics Corp., an immunotherapy company, engages in the development and commercialization of Superkines and empowered Superkines for the treatment of cancer and other diseases. It develops MDNA55, an interleukin- 4 (IL-4) EC for the treatment of recurrent glioblastoma, as well as for brain tumors.

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