Emblem (CVE:EMC) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Shares of Emblem Corp (CVE:EMCGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.88 and traded as low as $1.84. Emblem shares last traded at $1.88, with a volume of 597,714 shares.

Emblem Stock Performance

The company has a market capitalization of $245.45 million and a price-to-earnings ratio of -9.89. The stock has a 50-day simple moving average of $1.88 and a 200-day simple moving average of $1.88. The company has a current ratio of 3.61, a quick ratio of 3.24 and a debt-to-equity ratio of 30.01.

About Emblem

(Get Free Report)

Emblem Corp. produces, distributes, and sells medical cannabis and cannabis derivatives in Canada. The company also operates medical cannabis education centers to provide education services for making informed decisions about medical cannabis treatment options to physicians and patients. In addition, it provides various accessories.

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