Shares of MediPharm Labs Corp. (TSE:LABS – Get Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as C$0.10 and last traded at C$0.09, with a volume of 745630 shares trading hands. The stock had previously closed at C$0.09.
MediPharm Labs Price Performance
The firm has a market capitalization of C$37.35 million, a PE ratio of -3.10 and a beta of 0.88. The business’s 50 day simple moving average is C$0.07 and its 200 day simple moving average is C$0.07. The company has a current ratio of 3.21, a quick ratio of 3.10 and a debt-to-equity ratio of 1.45.
About MediPharm Labs
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.
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