Resverlogix (TSE:RVX) Stock Price Passes Above Fifty Day Moving Average – Time to Sell?

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

Resverlogix Stock Performance

The stock 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 has a current ratio of 0.13, a quick ratio of 0.04 and a debt-to-equity ratio of -10.95. The stock’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.06.

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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