Digipath (DIGP) Issues Quarterly Earnings Results

Digipath (OTCMKTS:DIGP) issued its quarterly earnings results on Monday. The company reported ($0.01) earnings per share (EPS) for the quarter, Bloomberg Earnings reports. The business had revenue of $1.12 million during the quarter. Digipath had a negative return on equity of 79.39% and a negative net margin of 56.16%.

Shares of Digipath (OTCMKTS:DIGP) traded down $0.01 during midday trading on Tuesday, hitting $0.29. 58,800 shares of the stock were exchanged, compared to its average volume of 821,354. Digipath has a 12-month low of $0.15 and a 12-month high of $0.59.

Separately, ValuEngine raised shares of Digipath from a “sell” rating to a “hold” rating in a report on Wednesday, November 22nd.

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Digipath Company Profile

Digipath, Inc, together with its subsidiaries, provides cannabis related services in the United States. The company offers cannabis lab testing services in Las Vegas to Nevada licensed medical marijuana enterprises. It also provides a balanced and unbiased approach to cannabis news, interviews, and education with a news/talk radio show, app, national marijuana news Website, and social media presence focusing on the political, economic, medicinal, scientific, and cultural dimensions of medicinal and recreational marijuana industry.

Earnings History for Digipath (OTCMKTS:DIGP)

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