CannTrust (TSE:TRST) Trading 8.7% Higher

CannTrust Holdings Inc (TSE:TRST) shares traded up 8.7% during trading on Friday . The stock traded as high as C$1.12 and last traded at C$1.12, 309,631 shares were traded during trading. A decline of 83% from the average session volume of 1,856,398 shares. The stock had previously closed at C$1.03.

Separately, Canaccord Genuity decreased their target price on CannTrust from C$2.50 to C$2.00 and set a “hold” rating for the company in a research report on Wednesday, September 18th.

The company has a debt-to-equity ratio of 8.20, a current ratio of 5.64 and a quick ratio of 1.90. The firm has a fifty day moving average of C$1.36 and a two-hundred day moving average of C$3.34. The stock has a market capitalization of $158.13 million and a P/E ratio of -9.26.

About CannTrust (TSE:TRST)

CannTrust Holdings Inc produces and sells medical and recreational cannabis in Canada. It sells dried cannabis and cannabis extracts to the medical patients. CannTrust Holdings Inc was incorporated in 2015 and is headquartered in Vaughan, Canada.

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