Hempalta Corp. (CVE:HEMP – Get Free Report) shares were down 18.2% on Saturday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 193,000 shares traded hands during trading, an increase of 312% from the average daily volume of 46,818 shares. The stock had previously closed at C$0.06.
Hempalta Stock Down 18.2%
The company has a market capitalization of C$4.27 million, a P/E ratio of -0.36 and a beta of -0.10. The firm’s 50 day moving average price is C$0.06 and its two-hundred day moving average price is C$0.05. The company has a current ratio of 3.99, a quick ratio of 0.88 and a debt-to-equity ratio of 28.72.
About Hempalta
Hempalta Corp., an agricultural cleantech company, produces and processes industrial hemp in North America. It manufactures products using a process known as HempTrain that enables to produce a range of hemp-based commercial and consumer products. The company also engages in the hemp carbon credit market.
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