Shares of Hemostemix Inc. (CVE:HEM – Get Free Report) fell 14.5% during trading on Tuesday . The company traded as low as C$0.27 and last traded at C$0.27. 438,482 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 690,023 shares. The stock had previously closed at C$0.31.
Hemostemix Price Performance
The company’s 50 day simple moving average is C$0.12 and its 200 day simple moving average is C$0.09. The stock has a market cap of C$24.39 million, a P/E ratio of -14.00 and a beta of 0.20.
About Hemostemix
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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