Hempacco (NASDAQ:HPCO) Trading Down 3.1%

Hempacco Co., Inc. (NASDAQ:HPCOGet Free Report) fell 3.1% during trading on Monday . The stock traded as low as $0.30 and last traded at $0.30. 68,665 shares were traded during trading, a decline of 30% from the average session volume of 98,391 shares. The stock had previously closed at $0.31.

Hempacco Price Performance

The stock’s 50 day moving average is $0.35 and its two-hundred day moving average is $0.36. The firm has a market capitalization of $8.76 million, a P/E ratio of -0.65 and a beta of 1.76.

Hempacco (NASDAQ:HPCOGet Free Report) last released its quarterly earnings data on Monday, November 20th. The company reported ($0.08) earnings per share for the quarter. The business had revenue of $1.33 million for the quarter. Hempacco had a negative net margin of 439.42% and a negative return on equity of 113.86%.

Institutional Trading of Hempacco

A hedge fund recently raised its stake in Hempacco stock. Two Sigma Investments LP grew its stake in Hempacco Co., Inc. (NASDAQ:HPCOFree Report) by 380.9% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 82,185 shares of the company’s stock after buying an additional 65,094 shares during the period. Two Sigma Investments LP owned 0.29% of Hempacco worth $49,000 as of its most recent filing with the Securities and Exchange Commission. 0.52% of the stock is currently owned by hedge funds and other institutional investors.

About Hempacco

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