Namaste Technologies (CVE:N) Trading 6.9% Higher – Should You Buy?

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

Namaste Technologies Stock Performance

The company has a current ratio of 3.64, a quick ratio of 2.96 and a debt-to-equity ratio of 1.85. The stock has a fifty day moving average price of C$0.16 and a 200-day moving average price of C$0.16. The firm has a market capitalization of C$61.65 million and a price-to-earnings ratio of -1.80.

About Namaste Technologies

(Get Free Report)

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.

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