Hempalta Corp. (CVE:HEMP – Get Free Report) shot up 12.5% on Tuesday . The stock traded as high as C$0.05 and last traded at C$0.05. 484,080 shares changed hands during trading, an increase of 302% from the average session volume of 120,314 shares. The stock had previously closed at C$0.04.
Hempalta Stock Performance
The company has a market capitalization of C$3.80 million, a P/E ratio of -0.32 and a beta of -0.10. The business’s fifty day simple moving average is C$0.04 and its 200-day simple moving average is C$0.11. The company has a debt-to-equity ratio of 28.72, a quick ratio of 0.88 and a current ratio of 3.99.
About Hempalta
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.
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