Shares of Hemostemix Inc. (CVE:HEM – Get Free Report) traded up 31% during mid-day trading on Thursday . The company traded as high as C$0.23 and last traded at C$0.19. 457,687 shares changed hands during trading, a decline of 13% from the average session volume of 525,007 shares. The stock had previously closed at C$0.15.
Hemostemix Stock Performance
The company has a market capitalization of C$28.42 million, a price-to-earnings ratio of -5.69 and a beta of 0.20. The firm has a fifty day simple moving average of C$0.20 and a 200 day simple moving average of C$0.12. The company has a debt-to-equity ratio of -55.07, a current ratio of 0.04 and a quick ratio of 0.48.
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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