MediPharm Labs Corp. (TSE:LABS – Get Free Report) hit a new 52-week low during mid-day trading on Monday. The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 290,446 shares changing hands. The stock had previously closed at C$0.06.
MediPharm Labs Price Performance
The company has a 50 day moving average of C$0.07 and a 200 day moving average of C$0.07. The company has a current ratio of 2.69, a quick ratio of 3.10 and a debt-to-equity ratio of 1.19. The firm has a market cap of C$25.63 million, a price-to-earnings ratio of -6.00 and a beta of -0.60.
About MediPharm Labs
Founded in 2015, MediPharm Labs specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API), and advanced derivative products produced in a GMP-certified facility with ISO-standard clean rooms. MediPharm has invested in an expert research-driven team, state-of-the-art technology, advanced purification methodologies, and purpose-built facilities to deliver pure, trusted, precision-dosed cannabinoid products for domestic and international markets.
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