Hemostemix (CVE:HEM) Trading Down 16.7% – Here’s What Happened

Hemostemix Inc. (CVE:HEM – Get Free Report) was down 16.7% on Tuesday . The stock traded as low as C$0.10 and last traded at C$0.10. Approximately 236,500 shares were traded during trading, a decline of 15% from the average daily volume of 279,794 shares. The stock had previously closed at C$0.12.

Hemostemix Stock Performance

The firm has a fifty day simple moving average of C$0.09 and a 200 day simple moving average of C$0.07. The company has a market cap of C$9.15 million, a PE ratio of -5.25 and a beta of 0.20.

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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