Hemostemix Inc. (CVE:HEM – Get Free Report)’s stock price shot up 71.4% during mid-day trading on Tuesday . The company traded as high as C$0.12 and last traded at C$0.12. 592,088 shares traded hands during mid-day trading, an increase of 517% from the average session volume of 95,938 shares. The stock had previously closed at C$0.07.
Hemostemix Trading Up 71.4 %
The company’s 50 day simple moving average is C$0.08 and its 200-day simple moving average is C$0.07. The company has a market capitalization of C$10.45 million, a price-to-earnings ratio of -6.00 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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