CRH Medical (TSE:CRH) Shares Up 0.8%

CRH Medical (TSE:CRH) Shares Up 0.8%

CRH Medical Corp (TSE:CRH) shares shot up 0.8% during trading on Monday . The stock traded as high as C$3.85 and last traded at C$3.83, 23,426 shares changed hands during mid-day trading. A decline of 78% from the average session volume of 108,244 shares. The stock had previously closed at C$3.80.

Several equities analysts recently weighed in on CRH shares. Clarus Securities reaffirmed a “buy” rating on shares of CRH Medical in a research note on Wednesday, March 20th. Acumen Capital dropped their price target on CRH Medical from C$6.25 to C$6.00 in a research report on Friday, March 15th.

The company has a debt-to-equity ratio of 48.22, a quick ratio of 1.75 and a current ratio of 1.84. The stock has a 50-day simple moving average of C$3.80. The company has a market capitalization of $271.39 million and a P/E ratio of 89.07.

About CRH Medical (TSE:CRH)
CRH Medical Corporation provides various products and services to gastroenterologists in the United States and Canada. It offers CRH O’Regan system, a single use, disposable, and hemorrhoid banding technology for treating various grades of hemorrhoid. The company also offers anesthesia services for patients undergoing endoscopic procedures.

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