Hempalta (CVE:HEMP) Sets New 12-Month Low – Here’s Why

Hempalta Corp. (CVE:HEMPGet Free Report)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as C$0.02 and last traded at C$0.02, with a volume of 1000 shares. The stock had previously closed at C$0.02.

Hempalta Trading Up 33.3%

The company has a debt-to-equity ratio of 28.72, a current ratio of 3.99 and a quick ratio of 0.88. The business has a 50 day moving average of C$0.03 and a 200 day moving average of C$0.04. The firm has a market capitalization of C$1.90 million, a price-to-earnings ratio of -0.20 and a beta of 2.19.

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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