ARCHIVED  April 30, 2002

Heska financials improve, stock price does not

FORT COLLINS — Heska Corp. (Nasdaq: HSKA) today posted the best financial results for the first quarter of any year since it went public in July 1997. But the news of its declining losses has not boosted the company’s stock price, which has been trading dangerously low for about two weeks.

Shares of Heska stock have been trading in the $0.70 per share range in recent days, placing the firm in danger of losing its listing on the Nasdaq stock exchange. Nasdaq can delist any stock trading below $1 for 30 days in a row, though companies are given a hearing…

Categories:
Sign up for BizWest Daily Alerts
Closing in 8 seconds...