Shares of Hemostemix Inc. (CVE:HEM – Get Free Report) shot up 64.3% on Tuesday . The stock traded as high as C$0.12 and last traded at C$0.12. 532,088 shares were traded during trading, an increase of 455% from the average session volume of 95,884 shares. The stock had previously closed at C$0.07.
Hemostemix Stock Up -12.5 %
The firm has a 50 day moving average of C$0.08 and a two-hundred day moving average of C$0.07. The firm has a market capitalization of C$9.15 million, a price-to-earnings ratio of -5.25 and a beta of 0.20.
About Hemostemix
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.
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