Acerus Pharmaceuticals (ASP) Hits New 52-Week Low at $0.13

Acerus Pharmaceuticals Co. (TSE:ASP) shares reached a new 52-week low during trading on Thursday . The company traded as low as C$0.13 and last traded at C$0.13, with a volume of 121360 shares trading hands. The stock had previously closed at C$0.13.

The company has a debt-to-equity ratio of 105.08, a current ratio of 0.69 and a quick ratio of 0.29.

In related news, Director Stephen Robert Gregory acquired 320,000 shares of Acerus Pharmaceuticals stock in a transaction dated Friday, December 7th. The shares were purchased at an average cost of C$0.14 per share, with a total value of C$44,800.00. Insiders have bought 527,700 shares of company stock worth $86,218 over the last ninety days.

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Acerus Pharmaceuticals Company Profile (TSE:ASP)

Acerus Pharmaceuticals Corporation, a specialty pharmaceutical company, focuses on the development, manufacture, marketing, and distribution of pharmaceutical products for men's and women's health. The company offers Natesto, a nasal gel for testosterone replacement therapy in adult males diagnosed with hypogonadism; Estrace, an oral tablet for the symptomatic relief of menopausal symptoms; and UriVarx, a natural health product that helps reduce symptoms of hyperactive bladder, such as daytime urinary frequency, urgency, and nocturia.

Further Reading: What is a closed-end mutual fund (CEF)?

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