Shares of Hemostemix Inc. (CVE:HEM – Get Free Report) shot up 26.8% on Thursday . The stock traded as high as C$0.36 and last traded at C$0.36. 1,397,556 shares were traded during mid-day trading, an increase of 107% from the average session volume of 673,541 shares. The stock had previously closed at C$0.28.
Hemostemix Stock Up 7.1 %
The stock’s 50 day moving average is C$0.13 and its two-hundred day moving average is C$0.09. The company has a market capitalization of C$32.67 million, a PE ratio of -18.75 and a beta of 0.20.
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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