Hempalta (CVE:HEMP) Sets New 1-Year Low – Should You Sell?

Hempalta Corp. (CVE:HEMPGet Free Report) shares hit a new 52-week low during trading on Monday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 26291 shares traded. The stock had previously closed at C$0.04.

Hempalta Stock Performance

The stock has a 50-day moving average of C$0.12 and a two-hundred day moving average of C$0.15. The company has a market cap of C$3.80 million, a P/E ratio of -0.32 and a beta of -0.10. The company has a debt-to-equity ratio of 28.72, a quick ratio of 0.88 and a current ratio of 3.99.

About Hempalta

(Get Free Report)

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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