Emblem (CVE:EMC) Shares Cross Below 50-Day Moving Average – What’s Next?

Emblem Corp (CVE:EMCGet Free Report)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty 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 trading hands.

Emblem Trading Up 1.6 %

The stock has a market capitalization of $245.45 million and a PE ratio of -9.89. The company has a current ratio of 3.61, a quick ratio of 3.24 and a debt-to-equity ratio of 30.01. The business’s 50-day moving average is $1.88 and its two-hundred day moving average is $1.88.

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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