Hempalta Corp. (CVE:HEMP – Get Free Report)’s share price fell 20% during mid-day trading on Monday . The company traded as low as C$0.10 and last traded at C$0.10. 139,000 shares traded hands during trading, an increase of 815% from the average session volume of 15,199 shares. The stock had previously closed at C$0.13.
Hempalta Stock Down 12.0 %
The firm has a market cap of C$10.44 million, a price-to-earnings ratio of -0.84 and a beta of 0.21. The company has a debt-to-equity ratio of 28.72, a quick ratio of 0.88 and a current ratio of 3.99. The business’s 50-day moving average is C$0.16 and its 200-day moving average is C$0.21.
About Hempalta
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.
Featured Articles
- Five stocks we like better than Hempalta
- What is MarketRank™? How to Use it
- The Average 401k Balance by Age Explained
- Are Penny Stocks a Good Fit for Your Portfolio?
- 3 Uranium Stocks To Gain as Microsoft Goes Nuclear to Power AI
- What Does a Stock Split Mean?
- Biotech Boom Ahead? Key Stocks and ETFs to Watch Now
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.
