Hemostemix (CVE:HEM) Trading 37.9% Higher – Here’s What Happened

Hemostemix Inc. (CVE:HEMGet Free Report)’s stock price was up 37.9% on Thursday . The stock traded as high as C$0.24 and last traded at C$0.20. Approximately 640,100 shares changed hands during mid-day trading, an increase of 45% from the average daily volume of 440,650 shares. The stock had previously closed at C$0.15.

Hemostemix Stock Performance

The firm has a market capitalization of C$16.12 million, a PE ratio of -9.25 and a beta of 0.20. The stock’s 50-day simple moving average is C$0.09 and its 200-day simple moving average is C$0.07.

About Hemostemix

(Get Free Report)

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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