Hempalta (CVE:HEMP) Reaches New 1-Year Low – Here’s What Happened

Hempalta Corp. (CVE:HEMPGet Free Report) reached a new 52-week low on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 10000 shares trading hands. The stock had previously closed at C$0.05.

Hempalta Stock Performance

The stock has a fifty day simple moving average of C$0.04 and a 200-day simple moving average of C$0.11. The company has a quick ratio of 0.88, a current ratio of 3.99 and a debt-to-equity ratio of 28.72. The company has a market capitalization of C$3.80 million, a P/E ratio of -0.32 and a beta of -0.10.

Hempalta Company Profile

(Get Free Report)

Hempalta Corp., an agricultural cleantech company, produces and processes industrial hemp in North America. It manufactures products using a process known as HempTrain that enables to produce a range of hemp-based commercial and consumer products. The company also engages in the hemp carbon credit market.

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