Hemogenyx Pharmaceuticals (LON:HEMO) Shares Up 9.1% – Here’s Why

Hemogenyx Pharmaceuticals Plc (LON:HEMOGet Free Report)’s share price traded up 9.1% during mid-day trading on Friday . The stock traded as high as GBX 1.22 ($0.02) and last traded at GBX 1.22 ($0.02). 5,081,744 shares changed hands during mid-day trading, a decline of 43% from the average session volume of 8,916,152 shares. The stock had previously closed at GBX 1.11 ($0.01).

Hemogenyx Pharmaceuticals Trading Up 24.7 %

The firm’s 50 day moving average price is GBX 1.38 and its 200-day moving average price is GBX 1.43. The company has a debt-to-equity ratio of 92.09, a current ratio of 4.38 and a quick ratio of 6.72. The stock has a market cap of £18.61 million, a P/E ratio of -111.40 and a beta of 3.14.

About Hemogenyx Pharmaceuticals

(Get Free Report)

Hemogenyx Pharmaceuticals Plc, a preclinical-stage biotechnology company, focuses on the discovery, development, and commercialization of therapies and treatments for blood diseases. It is involved in developing products for bone marrow/hematopoietic stem cell (BM/HSC) transplant market, including CDX bi-specific antibody targeting relapsed/refractory acute myeloid leukaemia (R/R AML); HEMO-CAR-T therapy, a chimeric antigen receptor T-cells to identify and destroy human AML-derived cells in vitro and in vivo; and Human Postnatal Hematopoietic Endothelial Cells, a stem cell therapy product for BM/HSC transplants.

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