Emblem (EMC) Trading Down 4.3%
Shares of Emblem Corp (CVE:EMC) traded down 4.3% on Thursday . The company traded as low as $1.43 and last traded at $1.55. 382,352 shares were traded during trading, a decline of 53% from the average session volume of 816,852 shares. The stock had previously closed at $1.62.
The stock has a market cap of $202.37 million and a price-to-earnings ratio of -6.82. The company has a quick ratio of 3.24, a current ratio of 3.61 and a debt-to-equity ratio of 30.01.
Emblem (CVE:EMC) last released its earnings results on Tuesday, November 20th. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.06). The firm had revenue of $2.26 million during the quarter, compared to analysts’ expectations of $1.99 million. As a group, equities analysts expect that Emblem Corp will post 0.0299999983783785 EPS for the current year.
About Emblem (CVE:EMC)
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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