Hemostemix Inc. (CVE:HEM – Get Free Report) dropped 16.7% during trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. Approximately 405,500 shares changed hands during mid-day trading, an increase of 4% from the average daily volume of 389,087 shares. The stock had previously closed at C$0.09.
Hemostemix Trading Up 6.7%
The company has a debt-to-equity ratio of -55.07, a current ratio of 0.04 and a quick ratio of 0.48. The company has a market capitalization of C$11.66 million, a price-to-earnings ratio of -2.33 and a beta of 0.20. The business’s 50 day simple moving average is C$0.12 and its 200 day simple moving average is C$0.13.
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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