Hemostemix Inc. (CVE:HEM – Get Free Report)’s stock price dropped 16.7% during trading on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.15. Approximately 310,553 shares were traded during mid-day trading, a decline of 40% from the average daily volume of 520,395 shares. The stock had previously closed at C$0.18.
Hemostemix Stock Performance
The company has a debt-to-equity ratio of -55.07, a quick ratio of 0.48 and a current ratio of 0.04. The company has a market cap of C$21.13 million, a P/E ratio of -4.23 and a beta of 0.20. The stock’s fifty day moving average price is C$0.19 and its two-hundred day moving average price is C$0.12.
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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