Hemostemix (CVE:HEM) Stock Price Down 8.3% – Time to Sell?

Hemostemix Inc. (CVE:HEMGet Free Report) shares were down 8.3% on Thursday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 240,655 shares changed hands during trading, an increase of 150% from the average daily volume of 96,162 shares. The stock had previously closed at C$0.12.

Hemostemix Trading Down 8.3 %

The company has a market capitalization of C$9.58 million, a price-to-earnings ratio of -5.50 and a beta of 0.20. The firm has a 50-day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.07.

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.

Read More

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.