WeedMD (CVE:WMD) Shares Down 1.8% – What’s Next?

by · The Markets Daily

Shares of WeedMD Inc. (CVE:WMD – Get Free Report) fell 1.8% on Monday . The company traded as low as C$0.28 and last traded at C$0.28. 271,436 shares were traded during trading, a decline of 65% from the average session volume of 766,591 shares. The stock had previously closed at C$0.28.

WeedMD Stock Down 1.8%

The firm has a market cap of C$67.82 million and a PE ratio of -0.66. 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 firm’s 50-day moving average price is C$0.28 and its two-hundred day moving average price is C$0.27.

WeedMD Company Profile

(Get Free Report)

WeedMD Inc produces, distributes, and sells medical-grade cannabis in Canada. It offers dried cannabis, cannabis plants and seeds, cannabis oil, edibles, extracts and topicals, and others, as well as cannabis flower products. The company sells its products directly to medical patients and strategic relationships across 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 brand names.

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