Emblem (CVE:EMC) Stock Crosses Below 50 Day Moving Average – Here’s Why

Shares of Emblem Corp (CVE:EMCGet Free Report) passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.88 and traded as low as $1.84. Emblem shares last traded at $1.88, with a volume of 597,714 shares changing hands.

Emblem Price Performance

The firm has a 50-day simple moving average of $1.88 and a 200-day simple moving average of $1.88. The firm has a market capitalization of $245.45 million and a PE ratio of -9.89. The company has a debt-to-equity ratio of 30.01, a current ratio of 3.61 and a quick ratio of 3.24.

About Emblem

(Get Free Report)

Emblem Corp. produces, distributes, and sells medical cannabis and cannabis derivatives in Canada. The company also operates medical cannabis education centers to provide education services for making informed decisions about medical cannabis treatment options to physicians and patients. In addition, it provides various accessories.

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