MediPharm Labs (TSE:LABS) Reaches New 1-Year Low – Should You Sell?

Shares of MediPharm Labs Corp. (TSE:LABSGet Free Report) reached a new 52-week low on Tuesday . The stock traded as low as C$0.06 and last traded at C$0.07, with a volume of 93395 shares traded. The stock had previously closed at C$0.06.

MediPharm Labs Stock Up 8.3 %

The firm has a 50-day simple moving average of C$0.07 and a two-hundred day simple moving average of C$0.07. The stock has a market cap of C$26.72 million, a P/E ratio of -1.63 and a beta of 0.88. The company has a current ratio of 3.11, a quick ratio of 3.10 and a debt-to-equity ratio of 5.90.

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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