Hemostemix (CVE:HEM) Reaches New 12-Month High – Still a Buy?

Shares of Hemostemix Inc. (CVE:HEMGet Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.09, with a volume of 5000 shares. The stock had previously closed at C$0.09.

Hemostemix Trading Down 9.1 %

The firm has a market cap of C$8.71 million, a price-to-earnings ratio of -5.00 and a beta of 0.20. The stock’s 50 day moving average is C$0.09 and its 200 day moving average is C$0.06.

Hemostemix Company Profile

(Get Free Report)

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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