Quest PharmaTech (CVE:QPT) Shares Down 8%

Quest PharmaTech Inc (CVE:QPT) shares fell 8% during mid-day trading on Wednesday . The stock traded as low as C$0.12 and last traded at C$0.12, 5,000 shares traded hands during trading. A decline of 83% from the average session volume of 30,137 shares. The stock had previously closed at C$0.13.

The stock has a market cap of $21.76 million and a PE ratio of -3.83. The business’s 50 day moving average price is C$0.13.

Quest PharmaTech (CVE:QPT) last issued its quarterly earnings results on Thursday, May 30th. The company reported C($0.01) earnings per share (EPS) for the quarter. The company had revenue of C$0.01 million during the quarter.

About Quest PharmaTech (CVE:QPT)

Quest PharmaTech Inc, a biotechnology company, develops and commercializes antibody based immunotherapeutic products for cancer. It operates in two segments, Biopharmaceutical/Pharmaceutical Products and Consumer/Cosmetic Products. The company focuses on combinatorial immunotherapeutic approaches to cancer by using monoclonal antibodies of the immunoglobulin G or E subclass in combination with chemotherapy/immune-adjuvant.

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