ProMIS Neurosciences (TSE:PMN) Trading Down 3.8% – What’s Next?

Shares of ProMIS Neurosciences, Inc. (TSE:PMNGet Free Report) traded down 3.8% on Monday . The company traded as low as C$5.98 and last traded at C$6.00. 19,701 shares traded hands during trading, an increase of 492% from the average session volume of 3,327 shares. The stock had previously closed at C$6.24.

ProMIS Neurosciences Price Performance

The company has a current ratio of 0.51, a quick ratio of 1.30 and a debt-to-equity ratio of 108.33. The company’s 50 day simple moving average is C$6.00. The stock has a market capitalization of C$51.48 million, a price-to-earnings ratio of -1.78 and a beta of 1.19.

ProMIS Neurosciences Company Profile

(Get Free Report)

ProMIS Neurosciences, Inc discovers and develops antibody therapies and therapeutic vaccines neurodegenerative diseases and other misfolded protein diseases in Canada. The company's proprietary discovery platform comprises ProMIS and Collective Coordinates algorithms to predict novel targets known as disease specific epitopes on the molecular surface of misfolded proteins.

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