MedReleaf Corp (LEAF) Insider Sells C$659,166.00 in Stock

MedReleaf Corp (TSE:LEAF) insider Stephen Arbib sold 36,600 shares of the firm’s stock in a transaction that occurred on Friday, February 9th. The stock was sold at an average price of C$18.01, for a total transaction of C$659,166.00.

Stephen Arbib also recently made the following trade(s):

  • On Tuesday, February 6th, Stephen Arbib sold 50,600 shares of MedReleaf stock. The stock was sold at an average price of C$18.00, for a total transaction of C$910,800.00.

Shares of MedReleaf Corp (TSE:LEAF) traded up C$0.54 during trading hours on Monday, reaching C$18.54. 330,066 shares of the company’s stock traded hands, compared to its average volume of 1,039,381. MedReleaf Corp has a twelve month low of C$6.81 and a twelve month high of C$31.25. The stock has a market capitalization of $1,840.00 and a P/E ratio of 945.00.

Several equities analysts have weighed in on LEAF shares. Canaccord Genuity set a C$15.00 price target on shares of MedReleaf and gave the company a “speculative buy” rating in a report on Thursday, November 2nd. Eight Capital lifted their price target on shares of MedReleaf from C$13.00 to C$20.00 and gave the company a “buy” rating in a report on Wednesday, November 15th. Finally, Cowen lifted their price target on shares of MedReleaf from C$20.00 to C$36.00 in a report on Monday, January 8th.

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About MedReleaf

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.

Insider Buying and Selling by Quarter for MedReleaf (TSE:LEAF)

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