Hemostemix Inc. (CVE:HEM – Get Free Report)’s share price rose 16.3% during mid-day trading on Thursday . The company traded as high as C$0.28 and last traded at C$0.25. Approximately 635,571 shares changed hands during trading, an increase of 2% from the average daily volume of 621,060 shares. The stock had previously closed at C$0.22.
Hemostemix Stock Performance
The company’s 50-day simple moving average is C$0.10 and its 200 day simple moving average is C$0.08. The company has a market cap of C$23.52 million, a PE ratio of -13.50 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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