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

Zomedica Pharmaceuticals Corp. (ZOM.V) (CVE:ZOM)’s stock price traded down 6.6% during mid-day trading on Monday . The stock traded as low as C$0.29 and last traded at C$0.29. 4,800 shares changed hands 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) Trading Down 6.6 %

The company has a debt-to-equity ratio of 4.91, a quick ratio of 15.25 and a current ratio of 15.31. The stock has a market cap of C$36.73 million and a P/E ratio of -2.61. The stock has a 50-day moving average price of C$0.29 and a 200-day moving average price of 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.