Shares of MariMed Inc. (OTCMKTS:MRMD - Get Free Report) shot up 0.4% during mid-day trading on Wednesday . The stock traded as high as $0.14 and last traded at $0.14. Approximately 214,400 shares changed hands during trading, a decline of 54% from the average session volume of 467,673 shares. The stock had previously closed at $0.14.
Analyst Ratings Changes
Separately, Ventum Cap Mkts raised MariMed to a "strong-buy" rating in a research report on Thursday, August 8th.
View Our Latest Stock Analysis on MariMed
MariMed Price Performance
The stock has a market capitalization of $51.92 million, a price-to-earnings ratio of -4.55 and a beta of 2.79. The company's 50-day simple moving average is $0.16 and its 200-day simple moving average is $0.18. The company has a debt-to-equity ratio of 1.01, a current ratio of 1.55 and a quick ratio of 0.73.
MariMed Company Profile
(
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MariMed Inc engages in cultivation, production, and dispensing of medicinal and recreational cannabis in the United States and internationally. The company sells flowers and concentrates under the Nature's Heritage brand; and soft and chewy baked goods and a hot chocolate mix under Bubby's Baked brand; and drink mix under Vibations brand.
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