Hemostemix (CVE:HEM) Trading 46.7% Higher – Here’s Why

Hemostemix Inc. (CVE:HEMGet Free Report)’s share price traded up 46.7% during trading on Saturday . The stock traded as high as C$0.11 and last traded at C$0.11. 1,473,342 shares changed hands during mid-day trading, an increase of 283% from the average session volume of 384,669 shares. The stock had previously closed at C$0.08.

Hemostemix Trading Up 46.7%

The stock has a market capitalization of C$19.58 million, a PE ratio of -2.97 and a beta of 1.39. The firm has a 50 day moving average price of C$0.11 and a 200 day moving average price of C$0.12. The company has a quick ratio of 0.48, a current ratio of 0.04 and a debt-to-equity ratio of -55.07.

Hemostemix Company Profile

(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.

See Also

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.