Covalon Technologies Ltd. (CVE:COV – Get Free Report)’s stock price reached a new 52-week high on Monday . The stock traded as high as C$3.26 and last traded at C$3.10, with a volume of 140158 shares trading hands. The stock had previously closed at C$3.18.
Covalon Technologies Trading Down 0.3 %
The stock has a market capitalization of C$78.94 million, a PE ratio of -26.75 and a beta of 0.66. The company has a current ratio of 6.80, a quick ratio of 6.45 and a debt-to-equity ratio of 6.34. The business’s 50-day moving average is C$2.29 and its two-hundred day moving average is C$1.67.
Covalon Technologies (CVE:COV – Get Free Report) last posted its earnings results on Wednesday, May 29th. The company reported C$0.06 earnings per share (EPS) for the quarter. The business had revenue of C$8.41 million during the quarter. Covalon Technologies had a negative return on equity of 13.22% and a negative net margin of 10.57%. On average, analysts predict that Covalon Technologies Ltd. will post 0.3 earnings per share for the current year.
About Covalon Technologies
Covalon Technologies Ltd. engages in the research, development, manufacturing, and marketing of medical products in infection management, advanced wound care, and surgical procedure areas in the United States, Canada, the Middle East, Asia, Latin America, and internationally. The company's platform technologies comprise collagen matrix platform that is used to manufacture a family of products to treat chronic and infected wounds, including diabetic ulcers, pressure ulcers, venous ulcers, donor and graft sites, traumatic wounds healing by secondary intention, dehisced surgical wounds, and first and second degree burns; and antimicrobial silicone adhesive platform, which is used for family of pre and post-surgical, and vascular access products that are designed to kill bacteria or yeast that comes into contact with the antimicrobial silicone providing broad-spectrum antimicrobial activity.
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