Hempalta Corp. (CVE:HEMP – Get Free Report) rose 33.3% during trading on Thursday . The company traded as high as C$0.06 and last traded at C$0.06. 150,000 shares were traded during trading, an increase of 50% from the average session volume of 99,771 shares. The stock had previously closed at C$0.05.
Hempalta Price Performance
The firm’s 50 day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.09. The company has a debt-to-equity ratio of 28.72, a current ratio of 3.99 and a quick ratio of 0.88. The firm has a market capitalization of C$6.17 million, a P/E ratio of -0.52 and a beta of -0.10.
Insider Transactions at Hempalta
In other Hempalta news, Director Darren Hartley Bondar sold 453,000 shares of the company’s stock in a transaction dated Monday, January 6th. The shares were sold at an average price of C$0.06, for a total value of C$26,274.00. In the last three months, insiders have acquired 610,474 shares of company stock worth $27,499. 27.90% of the stock is currently owned by insiders.
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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