Hemostemix Inc. (CVE:HEM – Get Free Report) shares shot up 27.8% during mid-day trading on Saturday . The company traded as high as C$0.12 and last traded at C$0.12. 335,071 shares traded hands during trading, a decline of 31% from the average session volume of 486,759 shares. The stock had previously closed at C$0.09.
Hemostemix Trading Up 27.8%
The company has a current ratio of 0.04, a quick ratio of 0.48 and a debt-to-equity ratio of -55.07. The company has a 50 day simple moving average of C$0.10 and a 200 day simple moving average of C$0.14. The stock has a market capitalization of C$16.76 million, a PE ratio of -3.35 and a beta of 0.20.
Insider Activity at Hemostemix
In related news, Director Peter Alan Lacey bought 200,000 shares of the stock in a transaction on Thursday, March 6th. The shares were bought at an average cost of C$0.15 per share, for a total transaction of C$30,000.00. Company insiders own 10.43% of the company’s stock.
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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