WeedMD (WMD) Shares Down 7.1%

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.

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WeedMD Company Profile (CVE:WMD)

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.

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