Hemostemix (CVE:HEM) Trading Up 37.9% – Time to Buy?

Shares of Hemostemix Inc. (CVE:HEMGet Free Report) were up 37.9% on Thursday . The company traded as high as C$0.24 and last traded at C$0.20. 1,160,600 shares traded hands during trading, an increase of 120% from the average session volume of 528,233 shares. The stock had previously closed at C$0.15.

Hemostemix Price Performance

The firm has a 50 day moving average of C$0.09 and a 200-day moving average of C$0.07. The stock has a market capitalization of C$17.42 million, a P/E ratio of -10.00 and a beta of 0.20.

About Hemostemix

(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.

Further Reading

Receive News & Ratings for Hemostemix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hemostemix and related companies with MarketBeat.com's FREE daily email newsletter.