Hempalta Corp. (CVE:HEMP – Get Free Report) shares shot up 33.3% during mid-day trading on Friday . The company traded as high as C$0.07 and last traded at C$0.06. 182,500 shares traded hands during mid-day trading, an increase of 77% from the average session volume of 103,117 shares. The stock had previously closed at C$0.05.
Hempalta Price Performance
The company has a debt-to-equity ratio of 28.72, a current ratio of 3.99 and a quick ratio of 0.88. The company’s 50 day simple moving average is C$0.05 and its 200 day simple moving average is C$0.09. The company has a market capitalization of C$5.70 million, a PE ratio of -0.48 and a beta of -0.10.
Insider Buying and Selling
In related news, Director Darren Hartley Bondar sold 453,000 shares of the firm’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of C$0.06, for a total transaction of C$26,274.00. Insiders have bought 610,474 shares of company stock worth $27,499 in the last quarter. 27.90% of the stock is owned by insiders.
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.
See Also
- Five stocks we like better than Hempalta
- What is diluted earnings per share (Diluted EPS)?
- Bloom Energy: Powering the Future With Decentralized Energy
- 3 Warren Buffett Stocks to Buy Now
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- Financial Services Stocks Investing
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
Receive News & Ratings for Hempalta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hempalta and related companies with MarketBeat.com's FREE daily email newsletter.
