Hempalta (CVE:HEMP) Sets New 1-Year Low – Here’s What Happened

Hempalta Corp. (CVE:HEMPGet Free Report)’s share price hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 192264 shares changing hands. The stock had previously closed at C$0.04.

Hempalta Stock Performance

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 stock’s 50-day simple moving average is C$0.14 and its 200-day simple moving average is C$0.16. The firm has a market capitalization of C$3.80 million, a PE ratio of -0.32 and a beta of -0.10.

About Hempalta

(Get Free Report)

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.

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