Resverlogix (TSE:RVX) Reaches New 12-Month Low – Should You Sell?

Resverlogix Corp. (TSE:RVXGet Free Report)’s share price hit a new 52-week low on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.05, with a volume of 83000 shares trading hands. The stock had previously closed at C$0.04.

Resverlogix Stock 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 stock has a market capitalization of C$7.92 million, a P/E ratio of -1.98 and a beta of 0.71. The firm’s 50-day simple moving average is C$0.05 and its 200 day simple moving average is C$0.05.

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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