Shares of Hemostemix Inc. (CVE:HEM – Get Free Report) were up 19% during trading on Wednesday . The stock traded as high as C$0.13 and last traded at C$0.13. Approximately 291,000 shares changed hands during trading, a decline of 13% from the average daily volume of 332,835 shares. The stock had previously closed at C$0.11.
Hemostemix Stock Up 38.1 %
The stock’s 50-day moving average price is C$0.09 and its 200 day moving average price is C$0.07. The company has a market cap of C$12.63 million, a P/E ratio of -7.25 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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