Hempalta Corp. (CVE:HEMP – Get Free Report) was up 63.6% during trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.09. Approximately 120,000 shares traded hands during trading, a decline of 62% from the average daily volume of 315,525 shares. The stock had previously closed at C$0.06.
Hempalta Stock Performance
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 firm’s fifty day moving average price is C$0.04 and its two-hundred day moving average price is C$0.10. The stock has a market capitalization of C$5.70 million, a PE ratio of -0.48 and a beta of -0.10.
Hempalta Company Profile
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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