Shares of Hemostemix Inc. (CVE:HEM – Get Free Report) rose 25% on Friday . The company traded as high as C$0.36 and last traded at C$0.35. Approximately 1,444,856 shares traded hands during mid-day trading, an increase of 111% from the average daily volume of 684,559 shares. The stock had previously closed at C$0.28.
Hemostemix Stock Up 25.0 %
The business’s fifty day moving average is C$0.12 and its two-hundred day moving average is C$0.09. The stock has a market cap of C$30.49 million, a price-to-earnings ratio of -17.50 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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