Emblem (CVE:EMC) Stock Crosses Below 50 Day Moving Average – Here’s Why

Emblem Corp (CVE:EMCGet Free Report) shares 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 trading hands.

Emblem Price Performance

The company has a debt-to-equity ratio of 30.01, a quick ratio of 3.24 and a current ratio of 3.61. The company has a market cap of $245.45 million and a P/E ratio of -9.89. The firm’s fifty day moving average is $1.88 and its two-hundred day moving average is $1.88.

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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