MariMed (OTCMKTS:MRMD) Upgraded to “Strong-Buy” by Ventum Cap Mkts

Ventum Cap Mkts upgraded shares of MariMed (OTCMKTS:MRMD) to a strong-buy rating in a report published on Thursday morning, Zacks.com reports.

MariMed Price Performance

Shares of MariMed stock opened at $0.18 on Thursday. MariMed has a twelve month low of $0.14 and a twelve month high of $0.55. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.73 and a current ratio of 1.55. The firm has a market cap of $67.92 million, a P/E ratio of -4.47 and a beta of 2.80. The firm’s 50-day simple moving average is $0.18 and its 200-day simple moving average is $0.24.

MariMed Company Profile

MariMed Inc engages in cultivation, production, and dispensing of medicinal and recreational cannabis in the United States and internationally. The company sells flowers and concentrates under the Nature's Heritage brand; and soft and chewy baked goods and a hot chocolate mix under Bubby's Baked brand; and drink mix under Vibations brand.