Emblem (CVE:EMC) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Emblem Corp (CVE:EMCGet Free Report) shares passed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $1.88 and traded as low as $1.84. Emblem shares last traded at $1.88, with a volume of 597,714 shares.

Emblem Price Performance

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

About Emblem

(Get Free Report)

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.

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