MediPharm Labs (TSE:LABS) Reaches New 1-Year High – Here’s What Happened

MediPharm Labs Corp. (TSE:LABSGet Free Report) hit a new 52-week high on Monday . The company traded as high as C$0.12 and last traded at C$0.11, with a volume of 453968 shares traded. The stock had previously closed at C$0.11.

MediPharm Labs Stock Performance

The business has a 50-day moving average of C$0.07 and a two-hundred day moving average of C$0.07. The company has a debt-to-equity ratio of 1.45, a current ratio of 3.21 and a quick ratio of 3.10. The company has a market cap of C$47.72 million, a P/E ratio of -3.96 and a beta of 0.88.

MediPharm Labs Company Profile

(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.

Featured Stories

Receive News & Ratings for MediPharm Labs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MediPharm Labs and related companies with MarketBeat.com's FREE daily email newsletter.