Hemostemix (CVE:HEM) Trading Up 20.9% – Here’s What Happened

Hemostemix Inc. (CVE:HEMGet Free Report) shares were up 20.9% on Thursday . The company traded as high as C$0.29 and last traded at C$0.26. Approximately 1,333,171 shares were traded during trading, an increase of 93% from the average daily volume of 689,390 shares. The stock had previously closed at C$0.22.

Hemostemix Stock Performance

The stock’s fifty day simple moving average is C$0.10 and its two-hundred day simple moving average is C$0.08. The stock has a market capitalization of C$23.96 million, a P/E ratio of -13.75 and a beta of 0.20.

Hemostemix Company Profile

(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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