MediPharm Labs (TSE:LABS) Trading Up 16.7%

MediPharm Labs Corp. (TSE:LABSGet Free Report) shares were up 16.7% during trading on Tuesday . The company traded as high as C$0.07 and last traded at C$0.07. Approximately 228,256 shares traded hands during mid-day trading, an increase of 15% from the average daily volume of 198,012 shares. The stock had previously closed at C$0.06.

MediPharm Labs Stock Up 7.7 %

The company has a market capitalization of C$28.77 million, a P/E ratio of -1.75 and a beta of 0.89. The company has a current ratio of 3.11, a quick ratio of 3.10 and a debt-to-equity ratio of 5.90. The stock has a 50 day moving average price of C$0.07 and a 200 day moving average price of C$0.07.

About MediPharm Labs

(Get Free Report)

MediPharm Labs Corp., a pharmaceutical company, produces and sells pharmaceutical-quality cannabis oil and concentrates, and advanced derivative products in Canada and internationally. The company formulates, processes, packages, and distributes cannabis extracts and advanced cannabinoid-based products.

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