IM Cannabis Corp. (NASDAQ:IMCC – Get Free Report) shares dropped 6.6% on Thursday . The stock traded as low as $2.11 and last traded at $2.27. Approximately 33,448 shares traded hands during trading, an increase of 58% from the average daily volume of 21,165 shares. The stock had previously closed at $2.43.
IM Cannabis Stock Up 3.9 %
The company has a debt-to-equity ratio of 0.10, a current ratio of 0.70 and a quick ratio of 0.59. The firm’s 50 day moving average is $2.59 and its two-hundred day moving average is $2.48. The firm has a market capitalization of $5.16 million, a P/E ratio of -0.68 and a beta of 1.05.
About IM Cannabis
IM Cannabis Corp. engages in breeding, growing, and supply of medical cannabis products in Israel and Germany. It offers cannabis flowers and strain-specific cannabis extracts under the IMC brand; and dried flower, pre-rolls, minis, and full spectrum extracts offerings under the WAGNERS and BLKMKT brands.
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