MediPharm Labs (TSE:LABS) Trading Up 7.1%

MediPharm Labs Corp. (TSE:LABSGet Free Report) shares were up 7.1% during mid-day trading on Monday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 197,758 shares were traded during trading, a decline of 3% from the average daily volume of 203,964 shares. The stock had previously closed at C$0.07.

MediPharm Labs Stock Performance

The company has a debt-to-equity ratio of 4.33, a current ratio of 3.37 and a quick ratio of 3.10. The firm has a market capitalization of C$28.34 million, a PE ratio of -1.75 and a beta of 0.91. The business’s 50-day moving average price is C$0.07 and its 200-day moving average price is C$0.07.

MediPharm Labs Company Profile

(Get Free Report)

MediPharm Labs Corp., a pharmaceutical company, produces and sells pharmaceutical-quality cannabis oil and concentrates, and advanced derivative products in Canada and internationally. The company formulates, processes, packages, and distributes cannabis extracts and advanced cannabinoid-based products.

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