Hemostemix Inc. (CVE:HEM – Get Free Report) shot up 27.9% during mid-day trading on Thursday . The company traded as high as C$0.29 and last traded at C$0.28. 1,401,717 shares changed hands during mid-day trading, an increase of 100% from the average session volume of 700,531 shares. The stock had previously closed at C$0.22.
Hemostemix Stock Up 12.7 %
The company’s 50-day simple moving average is C$0.11 and its 200 day simple moving average is C$0.08. The company has a market capitalization of C$27.01 million, a P/E ratio of -15.50 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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