MediPharm Labs (TSE:LABS) Trading 7.7% Higher – Still a Buy?

MediPharm Labs Corp. (TSE:LABSGet Free Report) shares traded up 7.7% during mid-day trading on Wednesday . The stock traded as high as C$0.07 and last traded at C$0.07. 187,500 shares changed hands during trading, a decline of 13% from the average session volume of 214,411 shares. The stock had previously closed at C$0.07.

MediPharm Labs Stock Down 6.7 %

The company has a debt-to-equity ratio of 5.90, a current ratio of 3.11 and a quick ratio of 3.10. The stock has a market capitalization of C$28.77 million, a P/E ratio of -1.75 and a beta of 0.88. The firm has a 50 day moving average of C$0.07 and a 200-day moving average of C$0.07.

MediPharm Labs Company Profile

(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.

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