Hemostemix (CVE:HEM) Stock Price Up 33.3% – Time to Buy?

Shares of Hemostemix Inc. (CVE:HEMGet Free Report) traded up 33.3% during trading on Friday . The stock traded as high as C$0.11 and last traded at C$0.10. 1,288,111 shares changed hands during mid-day trading, an increase of 236% from the average session volume of 383,414 shares. The stock had previously closed at C$0.08.

Hemostemix Stock Performance

The company has a current ratio of 0.04, a quick ratio of 0.48 and a debt-to-equity ratio of -55.07. The firm has a market capitalization of C$19.58 million, a PE ratio of -2.97 and a beta of 1.39. The stock’s 50 day moving average price is C$0.11 and its two-hundred day moving average price is C$0.12.

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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