Resverlogix (TSE:RVX) Reaches New 1-Year Low – Should You Sell?

Resverlogix Corp. (TSE:RVXGet Free Report)’s stock price reached a new 52-week low on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 1525 shares trading hands. The stock had previously closed at C$0.05.

Resverlogix Price Performance

The company has a debt-to-equity ratio of -10.95, a current ratio of 0.13 and a quick ratio of 0.04. The firm has a market capitalization of C$9.90 million, a price-to-earnings ratio of -2.48 and a beta of 0.71. The business’s fifty day simple moving average is C$0.05 and its 200 day simple moving average is C$0.06.

About Resverlogix

(Get Free Report)

Resverlogix Corp clinical-stage biotechnology company. The company is developing an advanced epigenetic drug called apabetalone for the treatment of patients with cardiovascular disease, diabetes mellitus, chronic kidney disease, peripheral artery disease, orphan diseases, and neurodegenerative diseases.

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