Resverlogix (TSE:RVX) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Shares of Resverlogix Corp. (TSE:RVXGet Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.11 and traded as low as C$0.10. Resverlogix shares last traded at C$0.10, with a volume of 11,000 shares traded.

Resverlogix Trading Down 5.0%

The company has a 50 day moving average of C$0.11 and a two-hundred day moving average of C$0.10. The company has a debt-to-equity ratio of -81.94, a quick ratio of 0.04 and a current ratio of 0.04. The stock has a market capitalization of C$30.04 million, a PE ratio of -3.17 and a beta of 0.72.

Resverlogix Company Profile

(Get Free Report)

Resverlogix Corp clinical-stage biotechnology company. The company is developing an advanced epigenetic drug called apabetalone for the treatment of patients with cardiovascular disease, diabetes mellitus, chronic kidney disease, peripheral artery disease, orphan diseases, and neurodegenerative diseases.

Further Reading

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