Namaste Technologies (CVE:N) Shares Up 6.9% – Should You Buy?

Namaste Technologies Inc. (CVE:NGet Free Report)’s stock price shot up 6.9% on Wednesday . The company traded as high as C$0.16 and last traded at C$0.16. 216,051 shares changed hands during trading, a decline of 84% from the average session volume of 1,387,141 shares. The stock had previously closed at C$0.15.

Namaste Technologies Stock Performance

The company has a current ratio of 3.64, a quick ratio of 2.96 and a debt-to-equity ratio of 1.85. The stock’s 50-day moving average price is C$0.16 and its 200-day moving average price is C$0.16. The company has a market capitalization of C$61.65 million and a P/E ratio of -1.80.

About Namaste Technologies

(Get Free Report)

Namaste Technologies Inc engages in the online sale of herbal vaporizer hardware and ancillary products worldwide. It offers hardware and ancillary products, such as bongs and pipes; hemp derived cannabidiol and smoking accessories; medical and dried cannabis; and cannabis oil, as well as refines, processes, and distributes cannabis and cannabis derived products.

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