Resverlogix (TSE:RVX) Stock Passes Below 50-Day Moving Average – What’s Next?

Shares of Resverlogix Corp. (TSE:RVXGet Free Report) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.06 and traded as low as C$0.06. Resverlogix shares last traded at C$0.06, with a volume of 1,000 shares traded.

Resverlogix Stock Performance

The company has a 50 day moving average of C$0.06 and a two-hundred day moving average of C$0.06. The stock has a market capitalization of C$13.85 million, a PE ratio of -1.00 and a beta of 0.71.

About Resverlogix

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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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