Emerald Health Therapeutics (CVE:EMH) Stock Price Down 3.8% – Here’s What Happened

Emerald Health Therapeutics, Inc. (CVE:EMHGet Free Report) was down 3.8% during trading on Friday . The stock traded as low as C$0.25 and last traded at C$0.26. Approximately 384,329 shares changed hands during trading, a decline of 40% from the average daily volume of 644,760 shares. The stock had previously closed at C$0.27.

Emerald Health Therapeutics Price Performance

The firm has a market cap of C$52.28 million and a P/E ratio of -0.37. The company has a debt-to-equity ratio of 35.45, a current ratio of 2.97 and a quick ratio of 2.61. The stock’s 50-day simple moving average is C$0.26 and its two-hundred day simple moving average is C$0.26.

About Emerald Health Therapeutics

(Get Free Report)

Emerald Health Therapeutics, Inc, together with its subsidiaries, produces and sells medical cannabis for medical purpose in Canada. The company is also involved in developing natural health products. It offers dried cannabis strains, pre-rolls, and cannabis oil products to its medical patients. The company was formerly known as T-Bird Pharma Inc and changed its name to Emerald Health Therapeutics, Inc in June 2015.

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