BriaCell Therapeutics (CVE:BCT) Stock Price Down 3.8% – Here’s Why

Shares of BriaCell Therapeutics Corp. (CVE:BCT) traded down 3.8% during mid-day trading on Monday . The company traded as low as C$10.60 and last traded at C$10.60. 3,402 shares were traded during mid-day trading, a decline of 73% from the average session volume of 12,671 shares. The stock had previously closed at C$11.02.

Wall Street Analyst Weigh In

Separately, HC Wainwright dropped their target price on shares of BriaCell Therapeutics from C$18.00 to C$15.00 in a report on Thursday, September 19th.

BriaCell Therapeutics Price Performance

The stock has a market cap of C$168.68 million and a P/E ratio of -28.19. The company has a debt-to-equity ratio of 0.05, a quick ratio of 128.68 and a current ratio of 129.63. The firm has a 50-day moving average price of C$10.60 and a 200-day moving average price of C$10.60.

About BriaCell Therapeutics

BriaCell Therapeutics Corp., an immuno-oncology biotechnology company, engages in developing approaches for the management of cancer. Its lead candidate is Bria-IMT that is in Phase I/IIa clinical trial in a combination study with immune checkpoint inhibitors for the treatment of breast cancer. The company also has a cooperative research and development agreement with the National Cancer Institute for developing Bria-OTS, an off-the-shelf personalized immunotherapy for advanced breast cancer; and BriaDx, a diagnostic test.