Shares of Emblem Corp (CVE:EMC – Get Free Report) crossed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $1.88 and traded as low as $1.84. Emblem shares last traded at $1.88, with a volume of 597,714 shares trading hands.
Emblem Trading Up 1.6%
The firm has a market cap of $245.45 million and a P/E ratio of -9.89. The business’s 50-day moving average is $1.88 and its two-hundred day moving average is $1.88. The company has a current ratio of 3.61, a quick ratio of 3.24 and a debt-to-equity ratio of 30.01.
About Emblem
Emblem Corp. produces, distributes, and sells medical cannabis and cannabis derivatives in Canada. The company also operates medical cannabis education centers to provide education services for making informed decisions about medical cannabis treatment options to physicians and patients. In addition, it provides various accessories. Emblem Corp. has a strategic partnership with GreenSpace Brands to develop and commercialize cannabidiol infused health and beauty products. The company is headquartered in Toronto, Canada.
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