Helix BioPharma (TSE:HBP) Stock Crosses Above 50 Day Moving Average of $0.20

Helix BioPharma Corp. (TSE:HBPGet Rating) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.20 and traded as high as C$0.23. Helix BioPharma shares last traded at C$0.21, with a volume of 10,050 shares trading hands.

The company has a debt-to-equity ratio of 2.60, a current ratio of 0.23 and a quick ratio of 0.20. The company’s 50 day moving average is C$0.20 and its 200 day moving average is C$0.26. The stock has a market cap of C$36.61 million and a price-to-earnings ratio of -3.23.

Helix BioPharma (TSE:HBPGet Rating) last posted its earnings results on Tuesday, June 14th. The biopharmaceutical company reported C($0.01) earnings per share for the quarter. Sell-side analysts predict that Helix BioPharma Corp. will post -0.11 earnings per share for the current year.

About Helix BioPharma (TSE:HBP)

Helix BioPharma Corp. operates as an immune-oncology company in Canada. It is developing L-DOS47 for the treatment of non-small cell lung cancer; and V-DOS47 that targets the vascular epithelial growth factor receptor 2. Helix BioPharma Corp. has collaboration agreements with Moffitt Cancer Center to investigate the pharmacodynamics of L-DOS47 and determine the benefits of combining L-DOS47 with immune checkpoint inhibitors; and with ProMab Biotechnologies, Inc to develop novel antibody and chimeric antigen receptor T-cell therapy to treat multiple myeloma, as well as a license agreements with Xisle Pharma Ventures Trust and National Research of Council Canada.

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