Hemostemix Inc. (CVE:HEM – Get Free Report) shares shot up 30% on Wednesday . The company traded as high as C$0.15 and last traded at C$0.13. 430,289 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 480,285 shares. The stock had previously closed at C$0.10.
Hemostemix Price Performance
The company has a market capitalization of C$18.94 million, a PE ratio of -3.79 and a beta of 0.20. 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’s 50 day moving average price is C$0.10 and its 200-day moving average price is C$0.14.
Insider Activity at Hemostemix
In other Hemostemix news, Director Peter Alan Lacey purchased 200,000 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The shares were purchased at an average price of C$0.15 per share, for a total transaction of C$30,000.00. 10.43% of the stock is owned by insiders.
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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