Emblem (CVE:EMC) Stock Passes Below Fifty Day Moving Average – What’s Next?

Emblem Corp (CVE:EMCGet Free Report)’s share price crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $1.88 and traded as low as $1.84. Emblem shares last traded at $1.88, with a volume of 597,714 shares trading hands.

Emblem Stock Up 1.6 %

The firm has a market cap of $245.45 million and a price-to-earnings ratio of -9.89. The stock’s 50 day moving average is $1.88 and its 200 day moving average is $1.88. The company has a quick ratio of 3.24, a current ratio of 3.61 and a debt-to-equity ratio of 30.01.

Emblem Company Profile

(Get Free Report)

Emblem Corp. produces, distributes, and sells medical cannabis and cannabis derivatives in Canada. The company also operates medical cannabis education centers to provide education services for making informed decisions about medical cannabis treatment options to physicians and patients. In addition, it provides various accessories.

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