Hemostemix Inc. (CVE:HEM – Get Free Report)’s share price shot up 48.3% during mid-day trading on Thursday . The company traded as high as C$0.24 and last traded at C$0.22. 599,100 shares changed hands during mid-day trading, an increase of 40% from the average session volume of 426,900 shares. The stock had previously closed at C$0.15.
Hemostemix Trading Up 31.0 %
The firm’s 50-day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.07. The company has a market cap 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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