Shares of Hemostemix Inc. (CVE:HEM – Get Free Report) shot up 31% during trading on Friday . The company traded as high as C$0.23 and last traded at C$0.19. 480,687 shares were traded during trading, a decline of 9% from the average session volume of 525,664 shares. The stock had previously closed at C$0.15.
Hemostemix Trading Up 31.0 %
The business has a fifty day moving average price of C$0.20 and a 200 day moving average price of C$0.12. The company has a market capitalization of C$27.69 million, a price-to-earnings ratio of -5.54 and a beta of 0.20. The company has a debt-to-equity ratio of -55.07, a current ratio of 0.04 and a quick ratio of 0.48.
Hemostemix Company Profile
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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