Hemostemix (CVE:HEM) Trading Up 27.9% – Time to Buy?

Hemostemix Inc. (CVE:HEMGet Free Report)’s share price shot up 27.9% during mid-day trading on Friday . The stock traded as high as C$0.29 and last traded at C$0.28. 1,401,717 shares were traded during trading, an increase of 100% from the average session volume of 700,531 shares. The stock had previously closed at C$0.22.

Hemostemix Stock Performance

The company has a market capitalization of C$27.01 million, a P/E ratio of -15.50 and a beta of 0.20. The company’s fifty day simple moving average is C$0.11 and its 200-day simple moving average is C$0.08.

About Hemostemix

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for Hemostemix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hemostemix and related companies with MarketBeat.com's FREE daily email newsletter.