Hempalta (CVE:HEMP) Sets New 1-Year Low – Time to Sell?

Hempalta Corp. (CVE:HEMPGet Free Report)’s stock price hit a new 52-week low on Monday . The stock traded as low as C$0.04 and last traded at C$0.05, with a volume of 119000 shares changing hands. The stock had previously closed at C$0.05.

Hempalta Stock Performance

The company has a debt-to-equity ratio of 28.72, a quick ratio of 0.88 and a current ratio of 3.99. The company has a 50-day simple moving average of C$0.06 and a 200 day simple moving average of C$0.05. The company has a market capitalization of C$4.27 million, a P/E ratio of -0.36 and a beta of -0.10.

Hempalta Company Profile

(Get Free Report)

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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