Resverlogix (TSE:RVX) Sets New 1-Year Low – What’s Next?

Resverlogix Corp. (TSE:RVXGet Free Report) shares reached a new 52-week low on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 27000 shares. The stock had previously closed at C$0.05.

Resverlogix Trading Up 12.5 %

The business’s 50 day simple moving average is C$0.05 and its 200-day simple moving average is C$0.06. The stock has a market capitalization of C$8.91 million, a P/E ratio of -2.23 and a beta of 0.71. The company has a debt-to-equity ratio of -10.95, a current ratio of 0.13 and a quick ratio of 0.04.

Resverlogix Company Profile

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Resverlogix Corp clinical-stage biotechnology company. The company is developing an advanced epigenetic drug called apabetalone for the treatment of patients with cardiovascular disease, diabetes mellitus, chronic kidney disease, peripheral artery disease, orphan diseases, and neurodegenerative diseases.

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