Hemostemix Inc. (CVE:HEM – Get Free Report)’s share price shot up 25% during trading on Thursday . The stock traded as high as C$0.36 and last traded at C$0.35. 1,444,856 shares changed hands during mid-day trading, an increase of 111% from the average session volume of 684,559 shares. The stock had previously closed at C$0.28.
Hemostemix Stock Performance
The company has a fifty day moving average of C$0.12 and a two-hundred day moving average of C$0.09. The firm has a market capitalization of C$30.49 million, a price-to-earnings ratio of -17.50 and a beta of 0.20.
Hemostemix Company Profile
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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