Resverlogix (TSE:RVX) Share Price Crosses Below 50 Day Moving Average – Time to Sell?

Resverlogix Corp. (TSE:RVXGet Free Report) crossed below its fifty day moving average during trading on Monday . The stock has a fifty 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 153,440 shares changing hands.

Resverlogix Stock Performance

The business has a 50 day moving average price of C$0.06 and a two-hundred day moving average price of C$0.06. The company has a market cap of C$15.23 million, a P/E ratio of -1.10 and a beta of 0.71.

Resverlogix Company Profile

(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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