Hemostemix Inc. (CVE:HEM – Get Free Report) rose 34.5% during mid-day trading on Thursday . The company traded as high as C$0.23 and last traded at C$0.20. Approximately 378,687 shares traded hands during mid-day trading, a decline of 27% from the average daily volume of 521,979 shares. The stock had previously closed at C$0.15.
Hemostemix Stock Up 34.5 %
The company has a debt-to-equity ratio of -55.07, a quick ratio of 0.48 and a current ratio of 0.04. The company’s 50-day moving average price is C$0.20 and its 200 day moving average price is C$0.12. The stock has a market capitalization of C$28.42 million, a P/E ratio of -5.69 and a beta of 0.20.
About Hemostemix
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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