Hemostemix Inc. (CVE:HEM – Get Free Report) traded up 29.4% during mid-day trading on Saturday . The stock traded as high as C$0.11 and last traded at C$0.11. 602,760 shares traded hands during mid-day trading, an increase of 511% from the average session volume of 98,700 shares. The stock had previously closed at C$0.09.
Hemostemix Stock Performance
The business has a 50-day moving average price of C$0.09 and a 200-day moving average price of C$0.10. The company has a quick ratio of 0.48, a current ratio of 0.04 and a debt-to-equity ratio of -55.07. The firm has a market capitalization of C$20.73 million, a price-to-earnings ratio of -4.07 and a beta of 1.25.
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. The company also develops NCP-01, which is preclinical trial to evaluate effect on neuropathic pain and motor function recovery.
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