MediPharm Labs Corp. (TSE:LABS – Get Free Report)’s share price rose 7.1% on Tuesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 123,212 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 362,070 shares. The stock had previously closed at C$0.07.
MediPharm Labs Stock Up 14.3 %
The firm’s 50 day simple moving average is C$0.07 and its 200-day simple moving average is C$0.07. The company has a current ratio of 3.21, a quick ratio of 3.10 and a debt-to-equity ratio of 1.45. The stock has a market capitalization of C$33.20 million, a price-to-earnings ratio of -2.76 and a beta of 0.88.
MediPharm Labs Company Profile
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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