MedReleaf Corp (LEAF) Insider Olam Ltd. Tikun Sells 28,600 Shares

MedReleaf Corp (TSE:LEAF) insider Olam Ltd. Tikun sold 28,600 shares of the stock in a transaction that occurred on Thursday, January 25th. The stock was sold at an average price of C$25.00, for a total transaction of C$715,000.00.

Olam Ltd. Tikun also recently made the following trade(s):

  • On Tuesday, January 23rd, Olam Ltd. Tikun sold 29,300 shares of MedReleaf stock. The shares were sold at an average price of C$25.00, for a total transaction of C$732,500.00.

Shares of MedReleaf Corp (TSE:LEAF) traded down C$1.80 during mid-day trading on Monday, reaching C$21.80. 592,971 shares of the company’s stock traded hands, compared to its average volume of 1,114,890. MedReleaf Corp has a 52 week low of C$6.81 and a 52 week high of C$31.25. The stock has a market cap of $2,100.00 and a PE ratio of 1,101.00.

Several equities analysts have commented on the stock. Canaccord Genuity raised their price target on shares of MedReleaf from C$15.00 to C$20.00 in a research report on Tuesday, November 14th. Eight Capital raised their price target on shares of MedReleaf from C$13.00 to C$20.00 and gave the company a “buy” rating in a research report on Wednesday, November 15th. Finally, Cowen raised their price target on shares of MedReleaf from C$20.00 to C$36.00 in a research report on Monday, January 8th.

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MedReleaf Company Profile

MedReleaf Corp. produces and sells cannabis-based pharmaceutical products in Canada. It offers dried cannabis, cannabis oils, and cannabis oil capsules; and various accessories, including grinders, vaporizers, and lockable containers. The company was incorporated in 2013 and is headquartered in Markham, Canada.

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