GreenSpace Brands (CVE:JTR) Stock Price Crosses Below 50 Day Moving Average – Here’s Why

GreenSpace Brands Inc. (CVE:JTR) passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of C$0.01 and traded as low as C$0.01. GreenSpace Brands shares last traded at C$0.01, with a volume of 561,000 shares trading hands.

GreenSpace Brands Trading Down 50.0%

The firm’s 50-day moving average price is C$0.01 and its 200-day moving average price is C$0.01. The company has a quick ratio of 0.16, a current ratio of 0.34 and a debt-to-equity ratio of 215.85. The company has a market cap of C$2.55 million, a P/E ratio of -0.25 and a beta of 2.94.

GreenSpace Brands Company Profile

GreenSpace Brands Inc develops, markets, and sells organic and natural food products to consumers in Canada and the United States. The company offers its products primarily under the brands of LOVE CHILD ORGANICS, a developer and producer of organic, natural, and nutritionally-rich food products for infants, toddlers, and children; CENTRAL ROAST, a snacking brand featuring an assortment of nuts, seeds, popcorns, and other snacks; and GO VEGGIE, a provider of dairy-free/lactose free products. It sells its products through online, natural, and retail grocery locations.