Hemostemix (CVE:HEM) Shares Up 26.8% – Time to Buy?

Shares of Hemostemix Inc. (CVE:HEMGet Free Report) traded up 26.8% on Thursday . The company traded as high as C$0.36 and last traded at C$0.36. 1,397,556 shares traded hands during trading, an increase of 107% from the average session volume of 673,541 shares. The stock had previously closed at C$0.28.

Hemostemix Trading Up 25.0 %

The business has a 50 day moving average of C$0.12 and a two-hundred day moving average of C$0.09. The firm has a market cap of C$30.49 million, a P/E ratio of -17.50 and a beta of 0.20.

About Hemostemix

(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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