Hempalta Corp. (CVE:HEMP – Get Free Report) fell 18.2% during mid-day trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.05. 865,300 shares traded hands during trading, an increase of 1,513% from the average session volume of 53,641 shares. The stock had previously closed at C$0.06.
Hempalta Stock Performance
The business’s fifty day moving average price is C$0.05 and its 200-day moving average price is C$0.05. 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 stock has a market cap of C$4.27 million, a PE ratio of -0.36 and a beta of -0.10.
Hempalta Company Profile
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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