Acasti Pharma (CVE:ACST) Shares Down 4.5%

Acasti Pharma Inc. (CVE:ACSTGet Rating)’s share price dropped 4.5% during mid-day trading on Tuesday . The company traded as low as C$1.05 and last traded at C$1.05. Approximately 4,660 shares traded hands during mid-day trading, a decline of 61% from the average daily volume of 12,078 shares. The stock had previously closed at C$1.10.

Acasti Pharma Stock Performance

The stock has a market capitalization of C$46.84 million and a PE ratio of -1.76. The company has a debt-to-equity ratio of 0.52, a current ratio of 9.86 and a quick ratio of 9.41. The business’s fifty day moving average price is C$0.70 and its 200-day moving average price is C$0.87.

Acasti Pharma Company Profile

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Acasti Pharma Inc, a biopharmaceutical company, engages in the development and commercialization of pharmaceutical products for cardiovascular diseases. It is evaluating strategic partnerships for the clinical development of CaPre. The company was incorporated in 2002 and is headquartered in Laval, Canada.

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