Resverlogix (TSE:RVX) Sets New 52-Week Low – Here’s Why

Resverlogix Corp. (TSE:RVXGet Free Report) reached a new 52-week low on Monday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 1445 shares trading hands. The stock had previously closed at C$0.05.

Resverlogix Trading Up 12.5 %

The company has a market capitalization of C$8.91 million, a P/E ratio of -2.23 and a beta of 0.71. The company has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.05. The company has a debt-to-equity ratio of -10.95, a current ratio of 0.13 and a quick ratio of 0.04.

Resverlogix Company Profile

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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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