Hemostemix (CVE:HEM) Shares Down 14.5% – Here’s Why

Hemostemix Inc. (CVE:HEMGet Free Report) shares were down 14.5% during mid-day trading on Monday . The stock traded as low as C$0.27 and last traded at C$0.27. Approximately 438,482 shares were traded during trading, a decline of 36% from the average daily volume of 689,216 shares. The stock had previously closed at C$0.31.

Hemostemix Trading Up 3.8 %

The company has a market capitalization of C$23.96 million, a PE ratio of -13.75 and a beta of 0.20. The business has a fifty day moving average of C$0.11 and a 200 day moving average of C$0.08.

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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