Resverlogix (TSE:RVX) Hits New 52-Week Low – Here’s What Happened

Resverlogix Corp. (TSE:RVXGet Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.09 and last traded at C$0.09, with a volume of 31600 shares trading hands. The stock had previously closed at C$0.09.

Resverlogix Price Performance

The company has a quick ratio of 0.04, a current ratio of 0.04 and a debt-to-equity ratio of -82.47. The stock has a market cap of C$30.99 million, a price-to-earnings ratio of -2.25 and a beta of 0.12. The company has a 50 day simple moving average of C$0.10 and a 200-day simple moving average of C$0.10.

About Resverlogix

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Founded in 2001, Resverlogix is a Calgary based late-stage biotechnology company, and a world leader in epigenetics, with the goal of developing first-in-class therapies for the benefit of patients with chronic disease. Resverlogix is developing a new class of epigenetic therapies designed to regulate the expression of disease-causing genes. We aim to improve patients’ lives by restoring biological functions – altered by serious illnesses such as cardiovascular disease – back to a healthier state.

Further Reading

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