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1 Comment
Theralase Technologies Inc is currently in a long term uptrend where the price is trading 15.1% above its 200 day moving average.
From a valuation standpoint, the stock is 96.7% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 43.0.
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.
Sector | Healthcare |
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Industry | Medical Devices |
Exchange | F |
CurrencyCode | EUR |
ISIN | CA88337V1004 |
PE Ratio | None |
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Target Price | None |
Market Cap | 32M |
Beta | 1.14 |
Dividend Yield | None |
Theralase Technologies Inc., a clinical stage pharmaceutical company, engages in the research, development, and commercialization of light activated photo dynamic compounds and their associated drug formulations to treat cancers, bacteria, and viruses in Canada, the United States, and internationally. The company operates through Drug Division and Device Division segments. It designs, develops, manufactures, and markets 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 clinical trial for the treatment of Bacillus Calmette Guérin-Unresponsive Non-Muscle Invasive Bladder Cancer Carcinoma In-Situ. Further, it researches, develops, manufactures, and distributes controller-less cool laser therapy systems comprising TLC-900, TLC-300, and TLC-100 to healthcare practitioners primarily for the healing of pain. The company has a collaboration with the National Microbiology Laboratory, a Public Health Agency of Canada for the research and development of a Canadian-based SARS-CoV-2 vaccine. Theralase Technologies Inc. is based in Toronto, Canada.
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