Emblem (CVE:EMC) Stock Price Up 1.6% – Time to Buy?

Shares of Emblem Corp (CVE:EMCGet Free Report) rose 1.6% during trading on Monday . The company traded as high as $1.88 and last traded at $1.88. Approximately 597,714 shares traded hands during trading, a decline of 31% from the average daily volume of 865,800 shares. The stock had previously closed at $1.85.

Emblem Stock Performance

The stock has a market cap of $245.45 million and a price-to-earnings ratio of -9.89. The firm’s 50-day moving average is $1.88 and its two-hundred day moving average is $1.88. The company has a current ratio of 3.61, a quick ratio of 3.24 and a debt-to-equity ratio of 30.01.

About Emblem

(Get Free Report)

Emblem Corp. produces, distributes, and sells medical cannabis and cannabis derivatives in Canada. The company also operates medical cannabis education centers to provide education services for making informed decisions about medical cannabis treatment options to physicians and patients. In addition, it provides various accessories.

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