Profound Medical Corp. (TSE:PRN – Get Free Report)’s share price shot up 2.7% during trading on Friday . The company traded as high as C$15.64 and last traded at C$15.40. 12,696 shares traded hands during mid-day trading, an increase of 110% from the average session volume of 6,040 shares. The stock had previously closed at C$15.00.
Profound Medical Stock Performance
The firm’s 50-day simple moving average is C$11.85 and its two-hundred day simple moving average is C$11.38. The company has a current ratio of 5.41, a quick ratio of 14.98 and a debt-to-equity ratio of 15.78. The stock has a market capitalization of C$376.22 million, a PE ratio of -8.75 and a beta of 1.27.
Profound Medical (TSE:PRN – Get Free Report) last posted its quarterly earnings results on Thursday, May 9th. The company reported C($0.35) earnings per share for the quarter, beating the consensus estimate of C($0.41) by C$0.06. The business had revenue of C$2.58 million for the quarter, compared to analyst estimates of C$3.24 million. On average, equities research analysts expect that Profound Medical Corp. will post -1.9000001 earnings per share for the current fiscal year.
About Profound Medical
Profound Medical Corp., together with its subsidiaries, operates as a commercial-stage medical device company that develops and markets incision-free therapeutic systems for the image guided ablation of diseased tissue in Canada, Germany, the United States, and Finland. Its lead product TULSA-PRO system combines magnetic resonance imaging(MRI), robotically-driven transurethral sweeping action/thermal ultrasound and closed-loop temperature feedback control to provide precise, flexible, and durable ablation of a surgeon defined region of prostate and protect the urethra and rectum.
Read More
- Five stocks we like better than Profound Medical
- 3 Tickers Leading a Meme Stock Revival
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- Investing in Commodities: What Are They? How to Invest in Them
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- Airline Stocks – Top Airline Stocks to Buy Now
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for Profound Medical Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Profound Medical and related companies with MarketBeat.com's FREE daily email newsletter.