Emblem (CVE:EMC) Trading 1.6% Higher – Still a Buy?

Emblem Corp (CVE:EMCGet Free Report) was up 1.6% on Monday . The stock traded as high as $1.88 and last traded at $1.88. Approximately 597,714 shares were traded during trading, a decline of 31% from the average daily volume of 865,800 shares. The stock had previously closed at $1.85.

Emblem Stock Performance

The firm’s 50 day simple moving average is $1.88 and its 200-day simple moving average is $1.88. The company has a market capitalization of $245.45 million and a price-to-earnings ratio of -9.89. The company has a debt-to-equity ratio of 30.01, a quick ratio of 3.24 and a current ratio of 3.61.

About Emblem

(Get Free Report)

Emblem Corp. produces, distributes, and sells medical cannabis and cannabis derivatives in Canada. The company also operates medical cannabis education centers to provide education services for making informed decisions about medical cannabis treatment options to physicians and patients. In addition, it provides various accessories.

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