Hempalta Corp. (CVE:HEMP – Get Free Report) shares traded up 12.5% during trading on Tuesday . The company traded as high as C$0.05 and last traded at C$0.05. 374,080 shares traded hands during mid-day trading, an increase of 216% from the average session volume of 118,506 shares. The stock had previously closed at C$0.04.
Hempalta Stock Performance
The firm has a fifty day moving average of C$0.04 and a 200 day moving average of C$0.11. 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 stock has a market capitalization of C$3.80 million, a price-to-earnings ratio of -0.32 and a beta of -0.10.
Hempalta Company Profile
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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