WeedMD Inc (CVE:WMD) shares traded down 7.1% during mid-day trading on Friday . The stock traded as low as C$1.68 and last traded at C$1.71. 232,557 shares traded hands during trading, a decline of 64% from the average session volume of 642,616 shares. The stock had previously closed at C$1.84.
The company has a market capitalization of $207.06 million and a PE ratio of -171.00. The company has a current ratio of 3.72, a quick ratio of 2.79 and a debt-to-equity ratio of 3.03.
WeedMD (CVE:WMD) last issued its earnings results on Wednesday, May 1st. The company reported C($0.07) earnings per share (EPS) for the quarter. The company had revenue of C$2.97 million for the quarter.
COPYRIGHT VIOLATION NOTICE: This story was first published by Rockland Register and is owned by of Rockland Register. If you are reading this story on another publication, it was illegally copied and reposted in violation of international trademark and copyright law. The legal version of this story can be viewed at https://rocklandregister.com/2019/05/31/weedmd-wmd-shares-down-7-1.html.
WeedMD Inc produces and sells medical marijuana, including dried marijuana, cannabis oil, cannabis resin, marijuana plants, and marijuana seeds in Canada. The company has a research and development supply and collaboration agreement with Revive Therapeutics Ltd. The company is headquartered in Aylmer, Canada.
Read More: Using the New Google Finance Tool
Receive News & Ratings 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.