Zomedica Pharmaceuticals Corp. (ZOM.V) (CVE:ZOM) Stock Price Down 6.6% – Time to Sell?

Zomedica Pharmaceuticals Corp. (ZOM.V) (CVE:ZOM)’s stock price fell 6.6% on Monday . The company traded as low as C$0.29 and last traded at C$0.29. 4,800 shares were traded during trading, an increase of 68% from the average session volume of 2,858 shares. The stock had previously closed at C$0.31.

Zomedica Pharmaceuticals Corp. (ZOM.V) Price Performance

The stock has a market cap of C$36.73 million and a price-to-earnings ratio of -2.61. The company has a current ratio of 15.31, a quick ratio of 15.25 and a debt-to-equity ratio of 4.91. The company’s fifty day moving average is C$0.29 and its two-hundred day moving average is C$0.28.

About Zomedica Pharmaceuticals Corp. (ZOM.V)

Zomedica Pharmaceuticals Corp., a development stage veterinary diagnostic and pharmaceutical company, engages in the discovery, development, and commercialization of pharmaceuticals for the companion pet. Its lead drug product candidate is ZM-007, an oral suspension formulation of metronidazole for the treatment of acute diarrhea in small dog breeds and puppies.