IM Cannabis Corp. (NASDAQ:IMCC – Get Free Report) dropped 0.2% during mid-day trading on Friday . The company traded as low as $2.25 and last traded at $2.26. Approximately 13,654 shares were traded during trading, a decline of 27% from the average daily volume of 18,750 shares. The stock had previously closed at $2.26.
IM Cannabis Stock Performance
The stock’s fifty day moving average is $2.39 and its 200-day moving average is $2.46. The company has a quick ratio of 0.59, a current ratio of 0.70 and a debt-to-equity ratio of 0.10. The stock has a market cap of $5.03 million, a price-to-earnings ratio of -0.66 and a beta of 1.04.
About IM Cannabis
IM Cannabis Corp. engages in breeding, growing, and supply of medical cannabis products in Israel and Germany. It offers cannabis flowers and strain-specific cannabis extracts under the IMC brand; and dried flower, pre-rolls, minis, and full spectrum extracts offerings under the WAGNERS and BLKMKT brands.
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