MediPharm Labs (TSE:LABS) Sets New 52-Week High – Here’s What Happened

MediPharm Labs Corp. (TSE:LABSGet Free Report)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as C$0.10 and last traded at C$0.09, with a volume of 745630 shares traded. The stock had previously closed at C$0.09.

MediPharm Labs Stock Performance

The firm’s 50 day moving average is C$0.07 and its 200 day moving average is C$0.07. The company has a debt-to-equity ratio of 1.45, a quick ratio of 3.10 and a current ratio of 3.21. The stock has a market cap of C$37.35 million, a P/E ratio of -3.10 and a beta of 0.88.

MediPharm Labs Company Profile

(Get Free Report)

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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