Namaste Technologies (CVE:N) Trading 6.9% Higher – Still a Buy?

Namaste Technologies Inc. (CVE:NGet Free Report)’s share price shot up 6.9% during mid-day trading on Monday . The stock traded as high as C$0.16 and last traded at C$0.16. 216,051 shares changed hands during trading, a decline of 84% from the average session volume of 1,387,141 shares. The stock had previously closed at C$0.15.

Namaste Technologies Trading Up 6.9 %

The firm has a market capitalization of C$61.65 million and a price-to-earnings ratio of -1.80. The company has a current ratio of 3.64, a quick ratio of 2.96 and a debt-to-equity ratio of 1.85. The company has a fifty day moving average price of C$0.16 and a 200-day moving average price of C$0.16.

About Namaste Technologies

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Namaste Technologies Inc engages in the online sale of herbal vaporizer hardware and ancillary products worldwide. It offers hardware and ancillary products, such as bongs and pipes; hemp derived cannabidiol and smoking accessories; medical and dried cannabis; and cannabis oil, as well as refines, processes, and distributes cannabis and cannabis derived products.

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