Namaste Technologies (CVE:N) Shares Up 6.9% – Should You Buy?

Namaste Technologies Inc. (CVE:NGet Free Report)’s stock price rose 6.9% on Monday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 216,051 shares changed hands during trading, a decline of 84% from the average daily volume of 1,387,141 shares. The stock had previously closed at C$0.15.

Namaste Technologies Stock Up 6.9 %

The company has a market capitalization of C$61.65 million and a price-to-earnings ratio of -1.80. The stock’s fifty day simple moving average is C$0.16 and its two-hundred day simple moving average is C$0.16. The company has a debt-to-equity ratio of 1.85, a current ratio of 3.64 and a quick ratio of 2.96.

About Namaste Technologies

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Namaste Technologies Inc engages in the online sale of herbal vaporizer hardware and ancillary products worldwide. It offers hardware and ancillary products, such as bongs and pipes; hemp derived cannabidiol and smoking accessories; medical and dried cannabis; and cannabis oil, as well as refines, processes, and distributes cannabis and cannabis derived products.

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