Hemostemix Inc. (CVE:HEM – Get Free Report) shares rose 25.6% during mid-day trading on Thursday . The company traded as high as C$0.29 and last traded at C$0.27. Approximately 1,058,771 shares were traded during mid-day trading, an increase of 65% from the average daily volume of 640,063 shares. The stock had previously closed at C$0.22.
Hemostemix Price Performance
The company has a market capitalization of C$27.01 million, a price-to-earnings ratio of -15.50 and a beta of 0.20. The business has a fifty day moving average price of C$0.11 and a 200 day moving average price of C$0.08.
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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