Shares of Hemostemix Inc. (CVE:HEM – Get Free Report) dropped 17.1% on Thursday . The stock traded as low as C$0.28 and last traded at C$0.32. Approximately 684,632 shares changed hands during mid-day trading, an increase of 2% from the average daily volume of 673,865 shares. The stock had previously closed at C$0.38.
Hemostemix Trading Down 10.1 %
The stock has a market capitalization of C$27.01 million, a P/E ratio of -15.50 and a beta of 0.20. The company has a 50-day moving average price of C$0.15 and a 200 day moving average price of C$0.10.
Hemostemix Company Profile
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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