Resverlogix (TSE:RVX) Sets New 1-Year Low – Should You Sell?

Resverlogix Corp. (TSE:RVXGet Free Report) shares reached a new 52-week low during mid-day 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 Trading Up 12.5 %

The company has a market capitalization of C$8.91 million, a P/E ratio of -2.23 and a beta of 0.71. The company has a 50-day simple moving average of C$0.05 and a 200 day simple moving average of C$0.05. The company has a debt-to-equity ratio of -10.95, a quick ratio of 0.04 and a current ratio of 0.13.

About Resverlogix

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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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