Hemostemix (CVE:HEM) Stock Price Down 5.6% – What’s Next?

Hemostemix Inc. (CVE:HEMGet Free Report) was down 5.6% during mid-day trading on Monday . The company traded as low as C$0.08 and last traded at C$0.09. Approximately 241,030 shares were traded during trading, a decline of 26% from the average daily volume of 327,134 shares. The stock had previously closed at C$0.09.

Hemostemix Price Performance

The company’s 50 day simple moving average is C$0.10 and its 200 day simple moving average is C$0.11. The company has a current ratio of 0.04, a quick ratio of 0.48 and a debt-to-equity ratio of -55.07. The stock has a market capitalization of C$15.39 million, a PE ratio of -3.15 and a beta of 1.03.

About Hemostemix

(Get Free Report)

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.

Further Reading

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