MediPharm Labs Corp. (TSE:LABS – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.07 and last traded at C$0.06, with a volume of 1144784 shares changing hands. The stock had previously closed at C$0.07.
MediPharm Labs Stock Performance
The firm has a fifty day simple moving average of C$0.07 and a 200 day simple moving average of C$0.07. The company has a current ratio of 3.11, a quick ratio of 3.10 and a debt-to-equity ratio of 5.90. The stock has a market cap of C$26.72 million, a price-to-earnings ratio of -1.63 and a beta of 0.88.
About MediPharm Labs
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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