Hemostemix (CVE:HEM) Reaches New 12-Month High – Here’s Why

Hemostemix Inc. (CVE:HEMGet Free Report) shares reached a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.12 and last traded at C$0.12, with a volume of 60720 shares changing hands. The stock had previously closed at C$0.13.

Hemostemix Trading Up 38.1 %

The company’s 50 day moving average is C$0.09 and its 200-day moving average is C$0.07. The stock has a market cap of C$12.63 million, a PE ratio of -7.25 and a beta of 0.20.

Hemostemix Company Profile

(Get Free Report)

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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