Hemostemix Inc. (CVE:HEM – Get Free Report) shares fell 17.1% during mid-day trading on Wednesday . The stock traded as low as C$0.28 and last traded at C$0.32. 684,632 shares traded hands during mid-day trading, an increase of 2% from the average session volume of 673,865 shares. The stock had previously closed at C$0.38.
Hemostemix Stock Performance
The firm’s 50 day moving average is C$0.14 and its 200-day moving average is C$0.10. The stock has a market capitalization of C$27.44 million, a price-to-earnings ratio of -15.75 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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