Hemostemix (CVE:HEM) Shares Pass Above 50 Day Moving Average of $0.05

Hemostemix Inc. (CVE:HEMGet Free Report) shares crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.05 and traded as high as C$0.09. Hemostemix shares last traded at C$0.09, with a volume of 92,000 shares trading hands.

Hemostemix Price Performance

The business has a 50 day simple moving average of C$0.05 and a 200 day simple moving average of C$0.05. The stock has a market cap of C$7.41 million, a PE ratio of -4.25 and a beta of 0.15.

About Hemostemix

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Hemostemix Inc, a clinical stage biotechnology company, develops, manufactures, and commercializes blood-derived stem cell therapies for medical conditions. The company develops cell therapy products from the patient's own blood, which is a non-invasive source of therapeutic cells. 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 in Canada and the United States.

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