Hempalta Corp. (CVE:HEMP – Get Free Report) reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.15 and last traded at C$0.14, with a volume of 146500 shares. The stock had previously closed at C$0.15.
Hempalta Stock Down 7.4 %
The company’s fifty day simple moving average is C$0.16 and its 200-day simple moving average is C$0.22. 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 firm has a market capitalization of C$11.87 million, a PE ratio of -1.00 and a beta of 0.21.
About Hempalta
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.
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