Hemostemix Inc. (CVE:HEM – Get Free Report)’s stock price shot up 38.1% during trading on Wednesday . The company traded as high as C$0.15 and last traded at C$0.15. 605,625 shares traded hands during mid-day trading, an increase of 51% from the average session volume of 401,760 shares. The stock had previously closed at C$0.11.
Hemostemix Price Performance
The stock’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 price-to-earnings ratio of -7.25 and a beta of 0.20.
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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