Resverlogix (TSE:RVX) Stock Passes Above 50-Day Moving Average – What’s Next?

Resverlogix Corp. (TSE:RVXGet Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.10 and traded as high as C$0.12. Resverlogix shares last traded at C$0.12, with a volume of 59,638 shares changing hands.

Resverlogix Stock Performance

The company has a market cap of C$33.04 million, a PE ratio of -3.83 and a beta of 0.93. The company has a debt-to-equity ratio of -10.95, a quick ratio of 0.04 and a current ratio of 0.13. The stock’s 50-day simple moving average is C$0.10 and its 200 day simple moving average is C$0.09.

Resverlogix (TSE:RVXGet Free Report) last posted its quarterly earnings results on Thursday, November 13th. The biotechnology company reported C$0.00 earnings per share (EPS) for the quarter. As a group, equities analysts anticipate that Resverlogix Corp. will post -0.22 EPS for the current year.

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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