Hemogenyx Pharmaceuticals (LON:HEMO) Trading 6.5% Higher – Should You Buy?

Hemogenyx Pharmaceuticals Plc (LON:HEMO)’s share price shot up 6.5% on Thursday . The stock traded as high as GBX 1.20 ($0.02) and last traded at GBX 1.14 ($0.01). 4,621,293 shares traded hands during trading, a decline of 54% from the average session volume of 10,060,599 shares. The stock had previously closed at GBX 1.07 ($0.01).

Hemogenyx Pharmaceuticals Price Performance

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 capitalization of £15.28 million, a P/E ratio of -116.70 and a beta of 3.14. The company’s 50 day simple moving average is GBX 1.34 and its two-hundred day simple moving average is GBX 1.36.

Hemogenyx Pharmaceuticals Company Profile

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.