Shares of Hempalta Corp. (CVE:HEMP – Get Free Report) rose 44.4% on Thursday . The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 162,500 shares were traded during mid-day trading, an increase of 60% from the average daily volume of 101,579 shares. The stock had previously closed at C$0.05.
Hempalta Stock Up 33.3 %
The stock has a market cap of C$5.70 million, a PE ratio of -0.48 and a beta of -0.10. The company has a debt-to-equity ratio of 28.72, a current ratio of 3.99 and a quick ratio of 0.88. The company has a 50 day moving average price of C$0.05 and a two-hundred day moving average price of C$0.09.
Insider Buying and Selling at Hempalta
In other news, Director Darren Hartley Bondar sold 453,000 shares of the company’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of C$0.06, for a total value of C$26,274.00. Over the last quarter, insiders purchased 610,474 shares of company stock valued at $27,499. Company insiders own 27.90% of the company’s stock.
About Hempalta
Hempalta Corp., an agricultural cleantech company, produces and processes industrial hemp in North America. It manufactures products using a process known as HempTrain that enables to produce a range of hemp-based commercial and consumer products. The company also engages in the hemp carbon credit market.
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