Shares of Hemostemix Inc. (CVE:HEM – Get Free Report) were up 48.3% during trading on Thursday . The company traded as high as C$0.24 and last traded at C$0.22. Approximately 599,100 shares were traded during trading, an increase of 40% from the average daily volume of 426,900 shares. The stock had previously closed at C$0.15.
Hemostemix Trading Up 31.0 %
The business’s 50 day moving average is C$0.09 and its 200 day moving average is C$0.07. The stock has a market capitalization of C$16.55 million, a PE ratio of -9.50 and a beta of 0.20.
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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