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.

WARNING: “American Cannabis Company Inc (AMMJ) Issues Earnings Results” was originally published by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this report on another website, it was stolen and republished in violation of U.S. & international trademark & copyright law. The legal version of this report can be accessed at https://www.thecerbatgem.com/2017/08/22/american-cannabis-company-inc-ammj-issues-earnings-results.html.

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.

Receive News & Stock Ratings for American Cannabis Company Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Cannabis Company Inc and related stocks with our FREE daily email newsletter.