Shares of Hemostemix Inc. (CVE:HEM – Get Free Report) rose 31% during trading on Thursday . The stock traded as high as C$0.23 and last traded at C$0.19. Approximately 479,687 shares changed hands during mid-day trading, a decline of 9% from the average daily volume of 525,136 shares. The stock had previously closed at C$0.15.
Hemostemix Price Performance
The stock has a market capitalization of C$27.69 million, a PE ratio of -5.54 and a beta of 0.20. The company has a current ratio of 0.04, a quick ratio of 0.48 and a debt-to-equity ratio of -55.07. The company’s 50 day simple moving average is C$0.20 and its 200 day simple moving average is C$0.12.
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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