MediPharm Labs Corp. (TSE:LABS – Get Free Report) was down 6.7% during mid-day trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.07. Approximately 107,441 shares traded hands during trading, a decline of 71% from the average daily volume of 376,219 shares. The stock had previously closed at C$0.08.
MediPharm Labs Trading Down 6.7 %
The company has a quick ratio of 3.10, a current ratio of 3.11 and a debt-to-equity ratio of 5.90. The firm has a market capitalization of C$28.77 million, a PE ratio of -1.75 and a beta of 0.88. The stock’s fifty day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07.
MediPharm Labs Company Profile
MediPharm Labs Corp., a pharmaceutical company, produces and sells pharmaceutical-quality cannabis oil and concentrates, and advanced derivative products in Canada and internationally. The company formulates, processes, packages, and distributes cannabis extracts and advanced cannabinoid-based products.
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