MediPharm Labs (TSE:LABS) Sets New 1-Year Low at $0.06

Shares of MediPharm Labs Corp. (TSE:LABSGet Free Report) reached a new 52-week low on Friday . The company traded as low as C$0.06 and last traded at C$0.07, with a volume of 275459 shares changing hands. The stock had previously closed at C$0.07.

MediPharm Labs Price Performance

The firm has a 50-day simple moving average of C$0.07 and a 200-day simple moving average of C$0.07. The company has a debt-to-equity ratio of 5.90, a current ratio of 3.11 and a quick ratio of 3.10. The firm has a market capitalization of C$24.66 million, a PE ratio of -1.63 and a beta of 0.89.

MediPharm Labs Company Profile

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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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