Emblem (CVE:EMC) Share Price Passes 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 Thursday . 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 traded.

Emblem Price Performance

The firm has a market capitalization of $245.45 million and a P/E ratio of -9.89. The business’s fifty day moving average is $1.88 and its 200 day moving average is $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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