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Theralase Technologies Inc is currently in a long term uptrend where the price is trading 8.1% above its 200 day moving average.
From a valuation standpoint, the stock is 95.2% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 48.6.
Theralase Technologies Inc's total revenue rose by 62.0% to $234K since the same quarter in the previous year.
Its net income has increased by 19.0% to $-1M since the same quarter in the previous year.
Finally, its free cash flow grew by 57.8% to $-806K since the same quarter in the previous year.
Based on the above factors, Theralase Technologies Inc gets an overall score of 5/5.
ISIN | CA88337V1004 |
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Industry | Medical Devices |
Sector | Healthcare |
CurrencyCode | CAD |
Exchange | V |
Target Price | 1.2 |
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PE Ratio | None |
Market Cap | 53M |
Dividend Yield | 0.0% |
Beta | 1.88 |
Theralase Technologies Inc., a clinical stage pharmaceutical company, engages in the research and development of photo dynamic compounds (PDCs) and their associated drug formulations to treat cancer, bacteria, and viruses in Canada, the United States, and internationally. It also designs, develops, manufactures, and markets patented and proprietary super-pulsed laser technology for the healing of chronic knee pain, as well as for off-label use to heal various nerve, muscle, and joint conditions. In addition, the company develops TLD-1433, which is in Phase II for the treatment of Bacillus Calmette Guérin - Unresponsive Carcinoma In-Situ non-muscle invasive bladder cancer. Further, its product candidates include TLC-2000, a superpulsed and visible red laser technology accelerates healing by reducing pain and inflammation while staying below the Maximal Permissible Exposure limit for tissue, as well as related accessories. Additionally, it provides controller-less cool laser therapy systems comprising TLC-900, TLC-300, and TLC-100. The company has research agreements with the University of Manitoba Medical Microbiology department for the development of a coronavirus vaccine and therapy; and the National Microbiology Laboratory and Public Health Agency of Canada for the research and development of a Canadian-based SARS-CoV-2 vaccine. It sells its products to healthcare practitioners. Theralase Technologies Inc. was founded in 1994 and is based in Toronto, Canada.
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