Shares of Hempalta Corp. (CVE:HEMP – Get Free Report) were up 33.3% during mid-day trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. Approximately 150,000 shares were traded during trading, an increase of 49% from the average daily volume of 100,617 shares. The stock had previously closed at C$0.05.
Hempalta Stock Performance
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 stock has a fifty day moving average of C$0.05 and a 200-day moving average of C$0.09. The firm has a market capitalization of C$5.70 million, a P/E ratio of -0.48 and a beta of -0.10.
Insider Activity at Hempalta
In other Hempalta news, Director Darren Hartley Bondar sold 453,000 shares of Hempalta stock in a transaction dated Monday, January 6th. The stock was sold at an average price of C$0.06, for a total transaction of C$26,274.00. Insiders have bought 610,474 shares of company stock valued at $27,499 over the last three months. 27.90% of the stock is owned by insiders.
About Hempalta
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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