Resverlogix (TSE:RVX) Share Price Crosses Below 50 Day Moving Average – Here’s What Happened

Resverlogix Corp. (TSE:RVXGet Free Report)’s share price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.05 and traded as low as C$0.05. Resverlogix shares last traded at C$0.05, with a volume of 3,000 shares.

Resverlogix Trading Down 10.0 %

The stock has a market capitalization of C$8.91 million, a PE ratio of -2.23 and a beta of 0.71. The firm has a 50 day moving average price of C$0.05 and a 200 day moving average price of C$0.06. The company has a quick ratio of 0.04, a current ratio of 0.13 and a debt-to-equity ratio of -10.95.

Resverlogix Company Profile

(Get Free Report)

Resverlogix Corp clinical-stage biotechnology company. The company is developing an advanced epigenetic drug called apabetalone for the treatment of patients with cardiovascular disease, diabetes mellitus, chronic kidney disease, peripheral artery disease, orphan diseases, and neurodegenerative diseases.

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