Digipath (OTCMKTS:DIGP) released its quarterly earnings data on Tuesday. The company reported ($0.01) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. Digipath had a negative net margin of 69.41% and a negative return on equity of 169.53%. The company had revenue of $0.65 million during the quarter.
OTCMKTS DIGP remained flat at $$0.14 during trading hours on Wednesday. 3,600 shares of the company’s stock traded hands, compared to its average volume of 107,450. The company has a quick ratio of 3.94, a current ratio of 3.94 and a debt-to-equity ratio of 0.40. Digipath has a one year low of $0.09 and a one year high of $0.31. The firm has a fifty day moving average price of $0.13.
DigiPath, Inc together with its subsidiaries, provides cannabis related testing services in the United States. The company offers cannabis lab testing services in Las Vegas to Nevada licensed medical marijuana enterprises. It also provides a balanced and unbiased approach to cannabis news, interviews, and education with a news/talk radio show, app, national marijuana news Website, and social media presence focusing on the political, economic, medicinal, scientific, and cultural dimensions of medicinal and recreational marijuana industry.
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