Shares of Hemostemix Inc. (CVE:HEM – Get Free Report) shot up 71.4% during trading on Tuesday . The stock traded as high as C$0.12 and last traded at C$0.12. 592,088 shares traded hands during trading, an increase of 516% from the average session volume of 96,162 shares. The stock had previously closed at C$0.07.
Hemostemix Price Performance
The firm’s 50 day moving average price is C$0.08 and its 200-day moving average price is C$0.07. The stock has a market cap of C$9.15 million, a P/E ratio of -5.25 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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