Resverlogix (TSE:RVX) Hits New 1-Year Low – Here’s What Happened

Resverlogix Corp. (TSE:RVXGet Free Report)’s share price reached a new 52-week low on Friday . The stock traded as low as C$0.05 and last traded at C$0.05, with a volume of 216634 shares changing hands. The stock had previously closed at C$0.05.

Resverlogix Price Performance

The company has a quick ratio of 0.04, a current ratio of 0.13 and a debt-to-equity ratio of -10.95. The company has a market cap of C$8.91 million, a price-to-earnings ratio of -2.23 and a beta of 0.71. The company has a fifty day simple moving average of C$0.05 and a two-hundred day simple moving average of C$0.06.

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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