Hemostemix Inc. (CVE:HEM – Get Free Report) was down 14.5% on Tuesday . The company traded as low as C$0.27 and last traded at C$0.27. Approximately 438,482 shares changed hands during trading, a decline of 36% from the average daily volume of 690,023 shares. The stock had previously closed at C$0.31.
Hemostemix Price Performance
The firm’s fifty day moving average is C$0.12 and its two-hundred day moving average is C$0.09. The firm has a market cap of C$24.39 million, a price-to-earnings ratio of -14.00 and a beta of 0.20.
Hemostemix Company Profile
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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