Resverlogix (TSE:RVX) Reaches New 52-Week Low – Should You Sell?

Resverlogix Corp. (TSE:RVXGet Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 1445 shares changing hands. The stock had previously closed at C$0.05.

Resverlogix Stock Performance

The company has a market cap of C$7.92 million, a price-to-earnings ratio of -1.98 and a beta of 0.71. The company has a debt-to-equity ratio of -10.95, a quick ratio of 0.04 and a current ratio of 0.13. The company has a fifty day moving average of C$0.05 and a two-hundred day moving average of C$0.06.

Resverlogix Company Profile

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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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