Hemostemix (CVE:HEM) Trading Down 19.4% – Should You Sell?

Hemostemix Inc. (CVE:HEMGet Free Report)’s stock price was down 19.4% during mid-day trading on Thursday . The stock traded as low as C$0.14 and last traded at C$0.15. Approximately 519,694 shares changed hands during trading, a decline of 1% from the average daily volume of 526,987 shares. The stock had previously closed at C$0.18.

Hemostemix Price Performance

The company has a debt-to-equity ratio of -55.07, a quick ratio of 0.48 and a current ratio of 0.04. The stock has a market capitalization of C$21.13 million, a P/E ratio of -4.23 and a beta of 0.20. The stock has a 50-day simple moving average of C$0.20 and a 200 day simple moving average of C$0.12.

About Hemostemix

(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.

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Hemostemix (CVE:HEM) Trading Down 19.4% – Should You Sell?

Hemostemix Inc. (CVE:HEMGet Free Report) traded down 19.4% during mid-day trading on Thursday . The company traded as low as C$0.14 and last traded at C$0.15. 519,694 shares traded hands during trading, a decline of 1% from the average session volume of 526,987 shares. The stock had previously closed at C$0.18.

Hemostemix Price Performance

The stock has a market capitalization of C$21.13 million, a PE ratio of -4.23 and a beta of 0.20. The company has a debt-to-equity ratio of -55.07, a current ratio of 0.04 and a quick ratio of 0.48. The stock’s fifty day moving average is C$0.20 and its 200-day moving average is C$0.12.

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.

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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.