MediPharm Labs Corp. (TSE:LABS – Get Free Report) shares shot up 10.5% during mid-day trading on Wednesday . The company traded as high as C$0.11 and last traded at C$0.11. 191,949 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 340,623 shares. The stock had previously closed at C$0.10.
MediPharm Labs Stock Performance
The business has a fifty day simple moving average of C$0.09 and a 200-day simple moving average of C$0.08. The company has a quick ratio of 3.10, a current ratio of 3.21 and a debt-to-equity ratio of 1.45. The firm has a market cap of C$39.42 million, a P/E ratio of -3.27 and a beta of 0.88.
MediPharm Labs Company Profile
MediPharm Labs Corp, along with its subsidiaries, produces purified, pharmaceutical-like cannabis extracts and related derivative products. The company generates revenue from Private label, White label, the Tolling process, and others. Some of its vape brands are Northern Lights, Blue Dream Pink Kush and GG4.
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