MediPharm Labs (TSE:LABS) Reaches New 1-Year Low – Here’s Why

MediPharm Labs Corp. (TSE:LABSGet Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07, with a volume of 93395 shares changing hands. The stock had previously closed at C$0.06.

MediPharm Labs Stock Performance

The company has a quick ratio of 3.10, a current ratio of 3.11 and a debt-to-equity ratio of 5.90. The company has a market cap of C$26.72 million, a price-to-earnings ratio of -1.63 and a beta of 0.88. The stock has a 50 day simple moving average of C$0.07 and a 200 day simple moving average of C$0.07.

MediPharm Labs Company Profile

(Get Free Report)

MediPharm Labs Corp., a pharmaceutical company, produces and sells pharmaceutical-quality cannabis oil and concentrates, and advanced derivative products in Canada and internationally. The company formulates, processes, packages, and distributes cannabis extracts and advanced cannabinoid-based products.

Featured Articles

Receive News & Ratings for MediPharm Labs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MediPharm Labs and related companies with MarketBeat.com's FREE daily email newsletter.