Akumin (TSE:AKU) Trading Up 3.9% – Here’s Why

Akumin Inc. (TSE:AKUGet Free Report) was up 3.9% on Tuesday . The company traded as high as C$0.53 and last traded at C$0.53. Approximately 12,902 shares traded hands during mid-day trading, an increase of 79% from the average daily volume of 7,202 shares. The stock had previously closed at C$0.51.

Akumin Stock Performance

The company has a market cap of C$37.20 million, a price-to-earnings ratio of -0.14 and a beta of 0.15. The company has a quick ratio of 1.03, a current ratio of 0.12 and a debt-to-equity ratio of 266,886.35. The business’s 50 day simple moving average is C$0.53.

About Akumin

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Akumin Inc provides outpatient diagnostic imaging services in the United States. It operates in two segments, Radiology and Oncology. The company offers various medical imaging services, including magnetic resonance imaging, computed tomography, positron emission tomography, nuclear medicine, mammography, ultrasound, diagnostic radiology, fluoroscopy, and other diagnostic and interventional radiology procedures through owned and/or operated imaging locations.

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