Imperial Ginseng Products (CVE:IGP) Trading Up 2.2%

Imperial Ginseng Products Ltd. (CVE:IGP) shares shot up 2.2% on Thursday . The stock traded as high as C$0.46 and last traded at C$0.46, 1,900 shares were traded during mid-day trading. A decline of 46% from the average session volume of 3,489 shares. The stock had previously closed at C$0.45.

The firm has a market cap of $3.30 million and a P/E ratio of -0.71. The company has a current ratio of 4.14, a quick ratio of 0.99 and a debt-to-equity ratio of 15.93. The company’s fifty day moving average price is C$0.52 and its two-hundred day moving average price is C$0.63.

Imperial Ginseng Products (CVE:IGP) last announced its quarterly earnings results on Friday, October 11th. The company reported C($0.13) earnings per share (EPS) for the quarter. The company had revenue of C$1.31 million for the quarter.

About Imperial Ginseng Products (CVE:IGP)

Imperial Ginseng Products Ltd. cultivates and processes ginseng in the province of Ontario. It is also involved in the sale of dried ginseng to wholesalers through distributors in Asia and North America. The company was founded in 1989 and is headquartered in Vancouver, Canada.

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