Emblem (CVE:EMC) Shares Up 1.6% – What’s Next?

Emblem Corp (CVE:EMC)’s share price rose 1.6% during trading on Friday . The stock traded as high as $1.88 and last traded at $1.88. Approximately 597,714 shares traded hands during mid-day trading, a decline of 31% from the average daily volume of 865,800 shares. The stock had previously closed at $1.85.

Emblem Stock Performance

The company has a current ratio of 3.61, a quick ratio of 3.24 and a debt-to-equity ratio of 30.01. The stock’s 50 day moving average is $1.88 and its 200 day moving average is $1.88. The stock has a market capitalization of $245.45 million and a price-to-earnings ratio of -9.89.

About Emblem

Emblem Corp. produces, distributes, and sells medical cannabis and cannabis derivatives in Canada. The company also operates medical cannabis education centers to provide education services for making informed decisions about medical cannabis treatment options to physicians and patients. In addition, it provides various accessories.