Shares of WeedMD (CVE:WMD) fell 1.8%

WeedMD Inc stock price (CVE:WMD – Get Free Report ) was down 1.8% during trading on Thursday. The company traded as low as $0.28 and last traded at $0.28. About 271,436 shares were traded mid-day, down 65% from the average daily volume of 766,591 shares. The stock had previously closed at $0.28.

WeedMD stock down 1.8%

The company’s 50-day moving average is $0.28 and its 200-day moving average is $0.27. The company has a debt-to-equity ratio of 95.63, a quick ratio of 1.46, and a current ratio of 3.46. The stock has a market cap of $67.82 million and a price-to-earnings ratio of -0.66.

About WeedMD

(Get a free report)

WeedMD Inc manufactures, distributes and sells medical grade cannabis in Canada. Offers dry cannabis, cannabis plants and seeds, cannabis oil, edibles, extracts and topicals and more, as well as cannabis flower products. The company sells its products directly to medical patients and strategic relationships in the seniors market, as well as through supply agreements with Shoppers Drug Mart and six provincial distribution agencies under the Color Cannabis, Saturday, Starseed and WeedMD brands.

Recommended articles

Get news and reviews for WeedMD daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for WeedMD and related companies with MarketBeat.com’s FREE daily email newsletter.