Acasti Pharma (CVE:ACST) Shares Up 1.8% – Should You Buy?

Acasti Pharma Inc. (CVE:ACSTGet Free Report) shares shot up 1.8% during trading on Thursday . The company traded as high as C$0.58 and last traded at C$0.58. 2,450 shares traded hands during trading, a decline of 63% from the average session volume of 6,576 shares. The stock had previously closed at C$0.57.

Acasti Pharma Stock Performance

The company has a debt-to-equity ratio of 0.52, a quick ratio of 9.41 and a current ratio of 9.74. The stock has a market capitalization of C$25.87 million, a P/E ratio of -1.07 and a beta of 1.22. The stock has a 50 day moving average of C$0.58 and a 200 day moving average of C$0.58.

About Acasti Pharma

(Get Free Report)

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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