Hemostemix Inc. (CVE:HEM – Get Free Report) shares crossed 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. Hemostemix shares last traded at C$0.06, with a volume of 19,782 shares trading hands.
Hemostemix Trading Down 7.7%
The company has a current ratio of 0.24, a quick ratio of 0.48 and a debt-to-equity ratio of -66.09. The company has a market capitalization of C$12.30 million, a price-to-earnings ratio of -3.00 and a beta of 0.21. The business’s 50 day moving average price is C$0.06 and its two-hundred day moving average price is C$0.07.
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. The company also develops NCP-01, which is preclinical trial to evaluate effect on neuropathic pain and motor function recovery.
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