Namaste Technologies (CVE:N) Shares Up 6.9% – What’s Next?

Namaste Technologies Inc. (CVE:N) shares shot up 6.9% on Friday . The company traded as high as C$0.16 and last traded at C$0.16. 216,051 shares changed hands during trading, a decline of 84% from the average session volume of 1,387,141 shares. The stock had previously closed at C$0.15.

Namaste Technologies Stock Up 6.9 %

The company has a debt-to-equity ratio of 1.85, a quick ratio of 2.96 and a current ratio of 3.64. The stock has a market capitalization of C$61.65 million and a P/E ratio of -1.80. The stock’s fifty day simple moving average is C$0.16 and its two-hundred day simple moving average is C$0.16.

Namaste Technologies Company Profile

Namaste Technologies Inc engages in the online sale of herbal vaporizer hardware and ancillary products worldwide. It offers hardware and ancillary products, such as bongs and pipes; hemp derived cannabidiol and smoking accessories; medical and dried cannabis; and cannabis oil, as well as refines, processes, and distributes cannabis and cannabis derived products.