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

Resverlogix Corp. (TSE:RVXGet Free Report)’s share price hit a new 52-week low on Tuesday . The company traded as low as C$0.09 and last traded at C$0.09, with a volume of 31600 shares changing hands. The stock had previously closed at C$0.09.

Resverlogix Stock Down 5.6%

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 company’s fifty day moving average is C$0.10 and its 200-day moving average is C$0.10. The company has a market cap of C$29.26 million, a PE ratio of -2.12 and a beta of 0.12.

About Resverlogix

(Get Free Report)

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

Receive News & Ratings for Resverlogix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Resverlogix and related companies with MarketBeat.com's FREE daily email newsletter.