Insider Buying: Profound Medical Corp. (TSE:PRN) Director Purchases 14,200 Shares of Stock

Profound Medical Corp. (TSE:PRN - Get Free Report) Director Arun Menawat Dr. bought 14,200 shares of the stock in a transaction on Friday, March 14th. The stock was bought at an average price of C$10.09 per share, for a total transaction of C$143,319.75.

Profound Medical Stock Up 0.1 %

PRN opened at C$9.67 on Wednesday. The company has a debt-to-equity ratio of 20.05, a current ratio of 6.12 and a quick ratio of 14.98. Profound Medical Corp. has a 12 month low of C$7.90 and a 12 month high of C$15.75. The stock has a market capitalization of C$203.77 million, a P/E ratio of -5.02 and a beta of 0.81. The business has a 50 day simple moving average of C$9.89 and a 200-day simple moving average of C$10.50.

About Profound Medical

Profound Medical Corp., together with its subsidiaries, operates as a commercial-stage medical device company that develops and markets incision-free therapeutic systems for the image guided ablation of diseased tissue in Canada, Germany, the United States, and Finland. Its lead product TULSA-PRO system combines magnetic resonance imaging(MRI), robotically-driven transurethral sweeping action/thermal ultrasound and closed-loop temperature feedback control to provide precise, flexible, and durable ablation of a surgeon defined region of prostate and protect the urethra and rectum.

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