Hemostemix (CVE:HEM) Stock Price Up 30.2% – What’s Next?

Hemostemix Inc. (CVE:HEMGet Free Report) shares traded up 30.2% during mid-day trading on Thursday . The stock traded as high as C$0.29 and last traded at C$0.28. 1,182,171 shares were traded during mid-day trading, an increase of 75% from the average session volume of 676,254 shares. The stock had previously closed at C$0.22.

Hemostemix Trading Up 12.7 %

The firm has a market capitalization of C$27.01 million, a P/E ratio of -15.50 and a beta of 0.20. The business has a 50 day moving average of C$0.11 and a 200-day moving average of C$0.08.

About Hemostemix

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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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