Emblem (EMC) Stock Price Down 5.8%

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Emblem Corp (CVE:EMC) shares were down 5.8% during trading on Tuesday . The company traded as low as $1.41 and last traded at $1.45. Approximately 526,620 shares changed hands during trading, a decline of 32% from the average daily volume of 771,466 shares. The stock had previously closed at $1.54.

The company has a market capitalization of $206.28 million and a PE ratio of -7.24. The company has a debt-to-equity ratio of 30.01, a current ratio of 3.61 and a quick ratio of 3.24.

Emblem (CVE:EMC) last announced its quarterly earnings data on Tuesday, November 20th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.06). The company had revenue of $2.26 million during the quarter, compared to the consensus estimate of $1.99 million. On average, equities analysts anticipate that Emblem Corp will post 0.0299999991780822 earnings per share for the current fiscal year.

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About Emblem (CVE:EMC)

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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