Hemostemix (CVE:HEM) Sets New 1-Year High – Here’s What Happened

Hemostemix Inc. (CVE:HEMGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as C$0.10 and last traded at C$0.09, with a volume of 1500 shares trading hands. The stock had previously closed at C$0.09.

Hemostemix Price Performance

The company’s 50 day simple moving average is C$0.08 and its 200 day simple moving average is C$0.06. The company has a market capitalization of C$7.84 million, a PE ratio of -4.50 and a beta of 0.20.

Hemostemix Company Profile

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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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