MediPharm Labs (TSE:LABS) Sets New 52-Week Low – Time to Sell?

Shares of MediPharm Labs Corp. (TSE:LABSGet Free Report) reached a new 52-week low on Monday . The company traded as low as C$0.06 and last traded at C$0.06, with a volume of 63815 shares trading hands. The stock had previously closed at C$0.07.

MediPharm Labs Stock Down 7.7 %

The company has a market capitalization of C$24.66 million, a PE ratio of -1.50 and a beta of 0.88. The company’s fifty day moving average is C$0.07 and its 200-day moving average is C$0.07. The company has a debt-to-equity ratio of 5.90, a quick ratio of 3.10 and a current ratio of 3.11.

About MediPharm Labs

(Get Free Report)

MediPharm Labs Corp., a pharmaceutical company, produces and sells pharmaceutical-quality cannabis oil and concentrates, and advanced derivative products in Canada and internationally. The company formulates, processes, packages, and distributes cannabis extracts and advanced cannabinoid-based products.

Further Reading

Receive News & Ratings for MediPharm Labs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MediPharm Labs and related companies with MarketBeat.com's FREE daily email newsletter.