Namaste Technologies (CVE:N) Shares Up 6.9% – Time to Buy?

Namaste Technologies Inc. (CVE:N) rose 6.9% during trading on Tuesday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 216,051 shares were traded during trading, a decline of 84% from the average daily volume of 1,387,141 shares. The stock had previously closed at C$0.15.

Namaste Technologies Stock Up 6.9 %

The firm has a market capitalization of C$61.65 million and a price-to-earnings ratio of -1.80. The company has a debt-to-equity ratio of 1.85, a quick ratio of 2.96 and a current ratio of 3.64. The business’s 50 day moving average is C$0.16 and its 200-day moving average is C$0.16.

Namaste Technologies Company Profile

Namaste Technologies Inc engages in the online sale of herbal vaporizer hardware and ancillary products worldwide. It offers hardware and ancillary products, such as bongs and pipes; hemp derived cannabidiol and smoking accessories; medical and dried cannabis; and cannabis oil, as well as refines, processes, and distributes cannabis and cannabis derived products.