Hempalta (CVE:HEMP) Sets New 52-Week Low – Here’s Why

Hempalta Corp. (CVE:HEMPGet Free Report) shares reached a new 52-week low on Monday . The company traded as low as C$0.02 and last traded at C$0.02, with a volume of 1267 shares changing hands. The stock had previously closed at C$0.02.

Hempalta Stock Down 25.0%

The company has a current ratio of 3.99, a quick ratio of 0.88 and a debt-to-equity ratio of 28.72. The stock has a market cap of C$1.42 million, a price-to-earnings ratio of -0.15 and a beta of 2.19. The stock’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.04.

Hempalta Company Profile

(Get Free Report)

Hempalta Corp., an agricultural cleantech company, produces and processes industrial hemp in North America. It manufactures products using a process known as HempTrain that enables to produce a range of hemp-based commercial and consumer products. The company also engages in the hemp carbon credit market.

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