Hemostemix (CVE:HEM) Trading 37.9% Higher – Still a Buy?

Hemostemix Inc. (CVE:HEMGet Free Report) shares were up 37.9% during trading on Friday . The stock traded as high as C$0.24 and last traded at C$0.20. Approximately 1,160,600 shares changed hands during mid-day trading, an increase of 120% from the average daily volume of 528,233 shares. The stock had previously closed at C$0.15.

Hemostemix Stock Up 37.9 %

The firm’s 50-day moving average price is C$0.09 and its two-hundred day moving average price is C$0.07. The firm has a market capitalization of C$17.42 million, a PE ratio of -10.00 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.

See Also

Receive News & Ratings for Hemostemix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hemostemix and related companies with MarketBeat.com's FREE daily email newsletter.