MediPharm Labs (TSE:LABS) Trading 7.1% Higher

MediPharm Labs Corp. (TSE:LABSGet Rating) traded up 7.1% on Friday . The company traded as high as C$0.08 and last traded at C$0.08. 1,023,085 shares changed hands during trading, an increase of 108% from the average session volume of 491,044 shares. The stock had previously closed at C$0.07.

MediPharm Labs Stock Up 21.4 %

The company has a debt-to-equity ratio of 2.11, a quick ratio of 3.54 and a current ratio of 5.23. The stock has a market capitalization of C$23.50 million and a PE ratio of -0.46. The business has a 50 day moving average of C$0.07 and a two-hundred day moving average of C$0.08.

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, Australia, Germany, and internationally. It formulates, processes, packages, and distributes cannabis extracts and advanced cannabinoid-based products.

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