Shares of Hempalta Corp. (CVE:HEMP – Get Free Report) dropped 2.6% during trading on Thursday . The company traded as low as C$0.19 and last traded at C$0.19. Approximately 2,000 shares traded hands during trading, a decline of 91% from the average daily volume of 21,256 shares. The stock had previously closed at C$0.20.
Hempalta Stock Performance
The company has a debt-to-equity ratio of 195.38, a current ratio of 0.75 and a quick ratio of 0.88. The stock’s 50-day simple moving average is C$0.45 and its 200 day simple moving average is C$0.60. The stock has a market capitalization of C$15.66 million, a P/E ratio of -1.52 and a beta of 0.14.
Hempalta Company Profile
Hempalta Corp., an agricultural cleantech company, produces and processes industrial hemp in North America. It manufactures products using a process known as HempTrain that enables to produce a range of hemp-based commercial and consumer products. The company also engages in the hemp carbon credit market.
Read More
- Five stocks we like better than Hempalta
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Hasbro’s Management Made All the Right Calls This Quarter
- What is a Special Dividend?
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- What Are the FAANG Stocks and Are They Good Investments?
- Power Surge: Utilities Sector’s Resilience Shines
Receive News & Ratings for Hempalta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hempalta and related companies with MarketBeat.com's FREE daily email newsletter.
