Hempalta Corp. (CVE:HEMP – Get Free Report) shares traded up 33.3% on Thursday . The company traded as high as C$0.07 and last traded at C$0.06. 182,500 shares changed hands during trading, an increase of 77% from the average session volume of 103,117 shares. The stock had previously closed at C$0.05.
Hempalta Stock Performance
The stock has a market capitalization of C$5.70 million, a price-to-earnings ratio of -0.48 and a beta of -0.10. The company’s 50-day simple moving average is C$0.05 and its 200-day simple moving average is C$0.09. The company has a current ratio of 3.99, a quick ratio of 0.88 and a debt-to-equity ratio of 28.72.
Insider Activity
In related news, Director Darren Hartley Bondar sold 453,000 shares of the firm’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of C$0.06, for a total transaction of C$26,274.00. Over the last quarter, insiders purchased 610,474 shares of company stock valued at $27,499. Company insiders own 27.90% of the company’s stock.
Hempalta Company Profile
Hempalta Corp., an agricultural cleantech company, produces and processes industrial hemp in North America. It manufactures products using a process known as HempTrain that enables to produce a range of hemp-based commercial and consumer products. The company also engages in the hemp carbon credit market.
See Also
- Five stocks we like better than Hempalta
- How to Calculate Inflation Rate
- Bloom Energy: Powering the Future With Decentralized Energy
- Basic Materials Stocks Investing
- Dividend Powerhouses: Blue-Chip Stocks Built for the Long Haul
- Compound Interest and Why It Matters When Investing
- Why Traders Are Buying the Dip on Johnson & Johnson Stock
Receive News & Ratings for Hempalta Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hempalta and related companies with MarketBeat.com's FREE daily email newsletter.
