Hemostemix (CVE:HEM) Shares Down 8.3% – Should You Sell?

Hemostemix Inc. (CVE:HEMGet Free Report)’s stock price traded down 8.3% during trading on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11. 240,655 shares were traded during trading, an increase of 150% from the average session volume of 96,162 shares. The stock had previously closed at C$0.12.

Hemostemix Price Performance

The business’s fifty day moving average price is C$0.08 and its two-hundred day moving average price is C$0.07. The stock has a market capitalization of C$9.58 million, a PE ratio of -5.50 and a beta of 0.20.

About Hemostemix

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Hemostemix Inc, a clinical stage biotechnology company, develops, manufactures, and commercializes blood-derived stem cell therapies for medical conditions in Canada. Its lead product is ACP-01, an autologous cell therapy, which is in Phase II clinical trial for the treatment of vascular diseases, such as cardiovascular disease, peripheral arterial disease, angina pectoris, and ischemia.

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