Resverlogix (TSE:RVX) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Resverlogix Corp. (TSE:RVXGet Free Report)’s stock price passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.05 and traded as high as C$0.05. Resverlogix shares last traded at C$0.05, with a volume of 3,000 shares changing hands.

Resverlogix Price Performance

The company has a 50-day moving average of C$0.05 and a two-hundred day moving average of C$0.06. The company has a debt-to-equity ratio of -10.95, a current ratio of 0.13 and a quick ratio of 0.04. The stock has a market capitalization of C$8.91 million, a PE ratio of -2.23 and a beta of 0.71.

About Resverlogix

(Get Free Report)

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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