Resverlogix (TSE:RVX) Reaches New 12-Month Low – Time to Sell?

Resverlogix Corp. (TSE:RVXGet Free Report) hit a new 52-week low on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 1525 shares changing hands. The stock had previously closed at C$0.05.

Resverlogix Stock Down 20.0 %

The company has a quick ratio of 0.04, a current ratio of 0.13 and a debt-to-equity ratio of -10.95. The company’s fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.06. The stock has a market capitalization of C$7.92 million, a PE ratio of -1.98 and a beta of 0.71.

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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