Hemostemix (CVE:HEM) Reaches New 52-Week High – Should You Buy?

Hemostemix Inc. (CVE:HEMGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.12 and last traded at C$0.12, with a volume of 60720 shares changing hands. The stock had previously closed at C$0.13.

Hemostemix Price Performance

The firm has a market capitalization of C$10.45 million, a PE ratio of -6.00 and a beta of 0.20. The company’s fifty day simple moving average is C$0.08 and its 200 day simple moving average is C$0.07.

Hemostemix Company Profile

(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.

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