Namaste Technologies (CVE:N) Trading Up 6.9% – Should You Buy?

Namaste Technologies Inc. (CVE:N) rose 6.9% on Friday . The company traded as high as C$0.16 and last traded at C$0.16. Approximately 216,051 shares traded hands during trading, a decline of 84% from the average daily volume of 1,387,141 shares. The stock had previously closed at C$0.15.

Namaste Technologies Trading Up 6.9 %

The business’s 50-day moving average price is C$0.16 and its two-hundred day moving average price is C$0.16. The company has a market capitalization of C$61.65 million and a P/E ratio of -1.80. The company has a debt-to-equity ratio of 1.85, a current ratio of 3.64 and a quick ratio of 2.96.

Namaste Technologies Company Profile

Namaste Technologies Inc engages in the online sale of herbal vaporizer hardware and ancillary products worldwide. It offers hardware and ancillary products, such as bongs and pipes; hemp derived cannabidiol and smoking accessories; medical and dried cannabis; and cannabis oil, as well as refines, processes, and distributes cannabis and cannabis derived products.