Helix BioPharma (TSE:HBP) Reaches New 12-Month Low – What’s Next?

Helix BioPharma Corp. (TSE:HBPGet Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as C$0.76 and last traded at C$0.82, with a volume of 7026 shares trading hands. The stock had previously closed at C$1.10.

Helix BioPharma Stock Down 4.9 %

The company has a debt-to-equity ratio of 773.67, a current ratio of 0.74 and a quick ratio of 1.04. The firm has a 50-day moving average of C$1.17 and a 200 day moving average of C$0.59. The stock has a market capitalization of C$38.24 million, a price-to-earnings ratio of -3.90 and a beta of -0.84.

Helix BioPharma Company Profile

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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 University Hospital Tuebingen to assess the therapeutic response of L-DOS47 in cancer models expressing CEACAM6, with advanced preclinical metabolic imaging.

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