American Cannabis Company Inc (AMMJ) Issues Earnings Results
American Cannabis Company Inc (NASDAQ:AMMJ) released its quarterly earnings results on Monday. The company reported $0.01 EPS for the quarter, Bloomberg Earnings reports. The firm had revenue of $0.95 million for the quarter. American Cannabis had a negative net margin of 33.38% and a negative return on equity of 87.41%.
Shares of American Cannabis (NASDAQ AMMJ) traded up 5.15% during trading on Tuesday, hitting $1.00. 423,872 shares of the company’s stock were exchanged. The stock’s 50-day moving average price is $0.64 and its 200-day moving average price is $0.62. The stock’s market cap is $51.43 million. American Cannabis has a 1-year low of $0.09 and a 1-year high of $2.10.
American Cannabis Company Profile
American Cannabis Company, Inc, formerly Brazil Interactive Media, Inc, is a provider of professional consulting services, products and equipment. The Company primarily operates through two divisions within the regulated cannabis industry: consulting and professional services, and the sale of products and equipment utilized in the cultivation, processing, transportation or retail sale of cannabis.
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