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

Shares of Resverlogix Corp. (TSE:RVXGet Free Report) hit a new 52-week low on Friday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 216634 shares. The stock had previously closed at C$0.05.

Resverlogix Price Performance

The company’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.06. The firm has a market capitalization of C$8.91 million, a price-to-earnings ratio of -2.23 and a beta of 0.71. The company has a debt-to-equity ratio of -10.95, a current ratio of 0.13 and a quick ratio of 0.04.

About Resverlogix

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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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