Resverlogix (TSE:RVX) Share Price Crosses Above Fifty Day Moving Average – Here’s What Happened

Shares of Resverlogix Corp. (TSE:RVXGet Free Report) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.10 and traded as high as C$0.10. Resverlogix shares last traded at C$0.10, with a volume of 1,600 shares changing hands.

Resverlogix Stock Performance

The stock has a fifty day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.10. The company has a debt-to-equity ratio of -82.47, a quick ratio of 0.04 and a current ratio of 0.04. The stock has a market capitalization of C$32.71 million, a price-to-earnings ratio of -2.38 and a beta of 0.12.

Resverlogix Company Profile

(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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