Microbix Biosystems (TSE:MBX) Hits New 1-Year High – Here’s What Happened

Microbix Biosystems Inc. (TSE:MBXGet Free Report)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as C$0.50 and last traded at C$0.50, with a volume of 1457199 shares trading hands. The stock had previously closed at C$0.44.

Microbix Biosystems Trading Up 19.5 %

The business’s 50-day simple moving average is C$0.37 and its 200-day simple moving average is C$0.35. The company has a market cap of C$71.08 million, a price-to-earnings ratio of 13.00 and a beta of 0.34. The company has a debt-to-equity ratio of 22.68, a current ratio of 6.62 and a quick ratio of 5.57.

About Microbix Biosystems

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Microbix Biosystems Inc, a life science company, develops and commercializes proprietary biological and technological solutions for human health and wellbeing in North America, Europe, and internationally. The company manufactures diagnostic-test products, such as test-controls under the QAPs brand; viral transport medium for collection of patient samples to test for pathogens including virus causing the COVID-19 disease under the DxTM brand; Kinlytic, a biologic thrombolytic drug used to treat blood clots; and antigen products.

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