Hemostemix Inc. (CVE:HEM – Get Free Report)’s share price rose 71.4% during mid-day trading on Wednesday . The company traded as high as C$0.12 and last traded at C$0.12. Approximately 592,088 shares traded hands during trading, an increase of 516% from the average daily volume of 96,162 shares. The stock had previously closed at C$0.07.
Hemostemix Stock Down 8.3 %
The firm has a market capitalization of C$9.58 million, a P/E ratio of -5.50 and a beta of 0.20. The company’s 50 day moving average is C$0.08 and its 200-day moving average is C$0.07.
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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