Hempalta (CVE:HEMP) Sets New 12-Month Low – What’s Next?

Hempalta Corp. (CVE:HEMPGet Free Report) shares reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.04 and last traded at C$0.04, with a volume of 103020 shares. The stock had previously closed at C$0.04.

Hempalta Stock Performance

The stock’s 50-day simple moving average is C$0.13 and its 200 day simple moving average is C$0.16. The company has a market capitalization of C$3.80 million, a PE ratio of -0.32 and a beta of -0.10. The company has a debt-to-equity ratio of 28.72, a quick ratio of 0.88 and a current ratio of 3.99.

About Hempalta

(Get Free Report)

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.

Read More

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.