Indiva Limited (CVE:NDVA – Get Free Report) shares fell 15.4% on Friday . The company traded as low as C$0.05 and last traded at C$0.06. 268,252 shares changed hands during mid-day trading, an increase of 190% from the average session volume of 92,432 shares. The stock had previously closed at C$0.07.
Indiva Stock Down 7.7 %
The company has a debt-to-equity ratio of 5,899.22, a current ratio of 0.72 and a quick ratio of 0.52. The stock’s 50 day simple moving average is C$0.07 and its two-hundred day simple moving average is C$0.08. The firm has a market cap of C$11.72 million, a P/E ratio of -1.30 and a beta of 1.11.
Indiva Company Profile
Indiva Limited engages in the production, processing, and sale of cannabis and cannabis related products in Canada. It offers pre-rolls, flower, capsules, and edible and extract products under the INDIVA, Indiva Life, and Artisan Batch brands. The company produces and distributes the Bhang Chocolate, Wana Sour Gummies, Jewels Chewable Tarts, Grön edibles, and Dime Industries vape products through license agreements and partnerships.
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