Imperial Ginseng Products (CVE:IGP) Share Price Crosses Below 50-Day Moving Average – Here’s What Happened

Imperial Ginseng Products Ltd. (CVE:IGP)’s stock price crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.08 and traded as low as C$0.08. Imperial Ginseng Products shares last traded at C$0.08, with a volume of 5,000 shares changing hands.

Imperial Ginseng Products Price Performance

The stock has a 50 day simple moving average of C$0.08 and a two-hundred day simple moving average of C$0.08. The company has a market cap of C$612,240.00, a price-to-earnings ratio of -6.40 and a beta of 0.22. The company has a debt-to-equity ratio of 0.10, a current ratio of 10.15 and a quick ratio of 8.91.

Imperial Ginseng Products Company Profile

Imperial Ginseng Products Ltd. does not have significant operations. Previously, it was involved in the cultivation and processing of ginseng in the province of Ontario. Imperial Ginseng Products Ltd. was incorporated in 1989 and is headquartered in Vancouver, Canada.