Namaste Technologies (CVE:N) Shares Up 6.9% – What’s Next?

Namaste Technologies Inc. (CVE:NGet Free Report)’s share price rose 6.9% on Friday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 216,051 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 1,387,141 shares. The stock had previously closed at C$0.15.

Namaste Technologies Price Performance

The stock has a market capitalization of C$61.65 million and a P/E ratio of -1.80. The business’s 50 day simple moving average is C$0.16 and its two-hundred day simple moving average is C$0.16. The company has a quick ratio of 2.96, a current ratio of 3.64 and a debt-to-equity ratio of 1.85.

About Namaste Technologies

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Namaste Technologies Inc engages in the online sale of herbal vaporizer hardware and ancillary products worldwide. It offers hardware and ancillary products, such as bongs and pipes; hemp derived cannabidiol and smoking accessories; medical and dried cannabis; and cannabis oil, as well as refines, processes, and distributes cannabis and cannabis derived products.

Further Reading

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