Shares of Hempalta Corp. (CVE:HEMP – Get Free Report) traded up 22.2% during trading on Wednesday . The stock traded as high as C$0.06 and last traded at C$0.06. 116,000 shares were traded during mid-day trading, an increase of 48% from the average session volume of 78,568 shares. The stock had previously closed at C$0.05.
Hempalta Price Performance
The firm has a market cap of C$5.22 million, a price-to-earnings ratio of -0.44 and a beta of 0.21. The company has a current ratio of 3.99, a quick ratio of 0.88 and a debt-to-equity ratio of 28.72. The business’s 50-day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.18.
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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