MediPharm Labs (TSE:LABS) Sets New 52-Week High at $0.10

Shares of MediPharm Labs Corp. (TSE:LABSGet Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as C$0.10 and last traded at C$0.09, with a volume of 1155773 shares. The stock had previously closed at C$0.09.

MediPharm Labs Stock Performance

The company has a current ratio of 3.28, a quick ratio of 3.10 and a debt-to-equity ratio of 4.93. The business’s 50 day moving average is C$0.07 and its 200 day moving average is C$0.07. The stock has a market capitalization of C$32.10 million, a PE ratio of -1.80 and a beta of 1.04.

About MediPharm Labs

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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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