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