Shares of Hemostemix Inc. (CVE:HEM – Get Free Report) were up 71.4% on Tuesday . The stock traded as high as C$0.12 and last traded at C$0.12. Approximately 592,088 shares were traded during trading, an increase of 516% from the average daily volume of 96,162 shares. The stock had previously closed at C$0.07.
Hemostemix Price Performance
The business has a 50 day simple moving average of C$0.08 and a 200-day simple moving average of C$0.07. The stock has a market capitalization of C$9.58 million, a price-to-earnings ratio of -5.50 and a beta of 0.20.
About Hemostemix
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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