Resverlogix (TSE:RVX) Stock Price Passes Below 50-Day Moving Average – Here’s Why

Resverlogix Corp. (TSE:RVXGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.06 and traded as low as C$0.06. Resverlogix shares last traded at C$0.06, with a volume of 1,000 shares changing hands.

Resverlogix Trading Up 10.0 %

The stock has a market capitalization of C$15.23 million, a PE ratio of -1.10 and a beta of 0.71. The firm’s 50-day moving average price is C$0.06 and its 200-day moving average price is C$0.06.

About Resverlogix

(Get Free Report)

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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