Hempalta Corp. (CVE:HEMP – Get Free Report) shares shot up 12.5% on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 484,080 shares were traded during mid-day trading, an increase of 302% from the average session volume of 120,314 shares. The stock had previously closed at C$0.04.
Hempalta Price Performance
The company has a debt-to-equity ratio of 28.72, a current ratio of 3.99 and a quick ratio of 0.88. The stock’s 50 day simple moving average is C$0.04 and its two-hundred day simple moving average is C$0.10. The firm has a market cap of C$3.80 million, a P/E ratio of -0.32 and a beta of -0.10.
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.
Further Reading
- Five stocks we like better than Hempalta
- What Are Growth Stocks and Investing in Them
- Top 3 Reasons to Invest in This Bond ETF for Stability and Growth
- Top Stocks Investing in 5G Technology
- 2 Drone Stocks Surging from Increased Media Attention
- How to Use the MarketBeat Dividend Calculator
- Ciena Rebounds: AI and Strong Guidance Drive Post-Earnings Surge
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.
