WeedMD Inc. (CVE:WMD – Get Free Report)’s share price fell 1.8% during trading on Wednesday . The stock traded as low as C$0.28 and last traded at C$0.28. 271,436 shares changed hands during trading, a decline of 65% from the average daily volume of 766,591 shares. The stock had previously closed at C$0.28.
WeedMD Price Performance
The firm has a fifty day moving average of C$0.28 and a 200 day moving average of C$0.27. The company has a current ratio of 3.46, a quick ratio of 1.46 and a debt-to-equity ratio of 95.63. The company has a market capitalization of C$67.82 million and a P/E ratio of -0.66.
About WeedMD
WeedMD Inc produces, distributes, and sells medical-grade cannabis in Canada. It offers dried cannabis, cannabis plants and seeds, cannabis oil, edibles, extracts and topicals, and others, as well as cannabis flower products. The company sells its products directly to medical patients and strategic relationships across the seniors' market, as well as through supply agreements with Shoppers Drug Mart and six provincial distribution agencies under the Color Cannabis, Saturday, Starseed, and WeedMD brand names.
Further Reading
- Five stocks we like better than WeedMD
- Williams-Sonoma’s Quarter Gave Bulls More Than Just a Beat-and-Raise
- Alcoa’s Gallium Project Opens a New Door Beyond Aluminum
- Oura’s $16 Billion IPO Could Put a New Price on Wearable Tech
- Can Tesla’s Flying Roadster Distract From Its Real Risks?
Receive News & Ratings for WeedMD Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WeedMD and related companies with MarketBeat.com's FREE daily email newsletter.
