Hemostemix Inc. (CVE:HEM – Get Free Report)’s share price dropped 11.1% during trading on Monday . The company traded as low as C$0.15 and last traded at C$0.16. Approximately 16,389,333 shares traded hands during trading, an increase of 1,793% from the average daily volume of 865,623 shares. The stock had previously closed at C$0.18.
Hemostemix Price Performance
The stock has a market cap of C$22.59 million, a P/E ratio of -4.52 and a beta of 0.20. The business has a 50 day simple moving average of C$0.21 and a 200-day simple moving average of C$0.12. The company has a debt-to-equity ratio of -55.07, a quick ratio of 0.48 and a current ratio of 0.04.
Hemostemix Company Profile
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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