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

Resverlogix Corp. (TSE:RVXGet Free Report) shares reached a new 52-week low during trading on Friday . The company 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 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.06. The stock has a market capitalization of C$8.91 million, a PE 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.

About Resverlogix

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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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