Namaste Technologies (CVE:N) Shares Up 6.9% – Should You Buy?

Shares of Namaste Technologies Inc. (CVE:NGet Free Report) shot up 6.9% during trading on Monday . The stock traded as high as C$0.16 and last traded at C$0.16. 216,051 shares traded hands during mid-day trading, a decline of 84% from the average session volume of 1,387,141 shares. The stock had previously closed at C$0.15.

Namaste Technologies Price Performance

The company has a debt-to-equity ratio of 1.85, a current ratio of 3.64 and a quick ratio of 2.96. The company’s 50 day moving average is C$0.16 and its 200 day moving average is C$0.16. The stock has a market cap of C$61.65 million and a price-to-earnings ratio of -1.80.

About Namaste Technologies

(Get Free Report)

Namaste Technologies Inc engages in the online sale of herbal vaporizer hardware and ancillary products worldwide. It offers hardware and ancillary products, such as bongs and pipes; hemp derived cannabidiol and smoking accessories; medical and dried cannabis; and cannabis oil, as well as refines, processes, and distributes cannabis and cannabis derived products.

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