MariMed Inc. (OTCMKTS:MRMD – Get Free Report) shares shot up 1.9% during mid-day trading on Tuesday . The company traded as high as $0.31 and last traded at $0.30. 202,792 shares were traded during trading, a decline of 56% from the average session volume of 464,675 shares. The stock had previously closed at $0.29.
MariMed Stock Up 1.9 %
The firm has a market capitalization of $110.66 million, a price-to-earnings ratio of -7.38 and a beta of 2.75. The business has a 50 day moving average of $0.26 and a 200 day moving average of $0.29. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.67 and a quick ratio of 0.85.
About MariMed
MariMed Inc engages in cultivation, production, and dispensing of medicinal and recreational cannabis in the United States and internationally. The company sells flowers and concentrates under the Nature's Heritage brand; and soft and chewy baked goods and a hot chocolate mix under Bubby's Baked brand; and drink mix under Vibations brand.
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