Emblem (CVE:EMC) Shares Up 1.6% – What’s Next?

Shares of Emblem Corp (CVE:EMC) were up 1.6% on Friday . The stock traded as high as $1.88 and last traded at $1.88. Approximately 597,714 shares changed hands during mid-day trading, a decline of 31% from the average daily volume of 865,800 shares. The stock had previously closed at $1.85.

Emblem Stock Performance

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

About Emblem

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. Emblem Corp. has a strategic partnership with GreenSpace Brands to develop and commercialize cannabidiol infused health and beauty products. The company is headquartered in Toronto, Canada.