Hemostemix Inc. (CVE:HEM – Get Free Report)’s stock price rose 14.3% during mid-day trading on Friday . The stock traded as high as C$0.40 and last traded at C$0.40. Approximately 813,546 shares were traded during mid-day trading, an increase of 19% from the average daily volume of 681,348 shares. The stock had previously closed at C$0.35.
Hemostemix Stock Performance
The business’s 50-day moving average is C$0.12 and its 200-day moving average is C$0.09. The company has a market capitalization of C$33.98 million, a PE ratio of -19.50 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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