Resverlogix (TSE:RVX) Share Price Crosses Below Fifty Day Moving Average – Here’s What Happened

Resverlogix Corp. (TSE:RVXGet Free Report) crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of C$0.05 and traded as low as C$0.05. Resverlogix shares last traded at C$0.05, with a volume of 3,000 shares.

Resverlogix Price Performance

The company has a market cap of C$8.91 million, a price-to-earnings ratio of -2.23 and a beta of 0.71. The company’s 50-day simple moving average is C$0.05 and its 200-day simple moving average is C$0.06. The company has a debt-to-equity ratio of -10.95, a current ratio of 0.13 and a quick ratio of 0.04.

Resverlogix Company Profile

(Get Free Report)

Resverlogix Corp clinical-stage biotechnology company. The company is developing an advanced epigenetic drug called apabetalone for the treatment of patients with cardiovascular disease, diabetes mellitus, chronic kidney disease, peripheral artery disease, orphan diseases, and neurodegenerative diseases.

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