Hamilton Thorne (CVE:HTL) Shares Up 4.3% – Here’s What Happened

Hamilton Thorne Ltd. (CVE:HTL)’s stock price rose 4.3% on Tuesday . The company traded as high as C$1.45 and last traded at C$1.45. Approximately 25,700 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 35,118 shares. The stock had previously closed at C$1.39.

Hamilton Thorne Trading Up 4.3 %

The business’s 50-day moving average is C$1.45 and its two-hundred day moving average is C$1.45. The company has a debt-to-equity ratio of 33.94, a quick ratio of 2.25 and a current ratio of 2.63. The stock has a market capitalization of C$212.89 million, a PE ratio of 48.33 and a beta of 0.54.

Insider Activity at Hamilton Thorne

In other news, insider AWM Investment Company, Inc. acquired 783,000 shares of the stock in a transaction that occurred on Thursday, October 10th. The shares were purchased at an average cost of C$1.56 per share, for a total transaction of C$1,221,010.20. 29.41% of the stock is currently owned by insiders.

Hamilton Thorne Company Profile

Hamilton Thorne Ltd. develops, manufactures, and sells precision instruments, consumables, software, and services for the assisted reproductive technologies (ART), research, and cell biology markets. It offers precision laser systems, imaging systems, and other equipment and consumables for the ART and developmental biology research markets.