Hemostemix Inc. (CVE:HEM – Get Free Report) shares traded up 17.5% during mid-day trading on Friday . The stock traded as high as C$0.24 and last traded at C$0.24. 720,526 shares traded hands during mid-day trading, an increase of 35% from the average session volume of 533,339 shares. The stock had previously closed at C$0.20.
Hemostemix Stock Performance
The firm’s 50 day moving average price is C$0.09 and its 200-day moving average price is C$0.07. The firm has a market capitalization of C$20.47 million, a PE ratio of -11.75 and a beta of 0.20.
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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