WeedMD (CVE:WMD) Trading Up 1.6%

WeedMD Inc (CVE:WMD) was up 1.6% during trading on Thursday . The company traded as high as C$1.28 and last traded at C$1.26, approximately 112,623 shares were traded during trading. A decline of 77% from the average daily volume of 492,997 shares. The stock had previously closed at C$1.24.

The company has a current ratio of 3.50, a quick ratio of 1.16 and a debt-to-equity ratio of 37.67. The stock has a market capitalization of $142.99 million and a P/E ratio of 11.67. The business has a 50-day moving average price of C$1.42 and a 200 day moving average price of C$1.65.

WeedMD (CVE:WMD) last issued its quarterly earnings results on Wednesday, August 28th. The company reported C$0.11 earnings per share (EPS) for the quarter. The company had revenue of C$7.98 million during the quarter.

About WeedMD (CVE:WMD)

WeedMD Inc produces and sells medical marijuana, including dried marijuana, cannabis oil, cannabis resin, marijuana plants, and marijuana seeds in Canada. The company has a research and development supply and collaboration agreement with Revive Therapeutics Ltd. The company is headquartered in Aylmer, Canada.

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