Imperial Ginseng Products (CVE:IGP) Share Price Crosses Below 50-Day Moving Average – Here’s Why

Shares of Imperial Ginseng Products Ltd. (CVE:IGPGet Free Report) passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of C$0.08 and traded as low as C$0.08. Imperial Ginseng Products shares last traded at C$0.08, with a volume of 5,000 shares.

Imperial Ginseng Products Price Performance

The company has a market capitalization of C$612,240.00, a PE ratio of -6.40 and a beta of 0.22. The company has a debt-to-equity ratio of 0.10, a quick ratio of 8.91 and a current ratio of 10.15. The stock has a 50 day moving average price of C$0.08 and a two-hundred day moving average price of C$0.08.

About Imperial Ginseng Products

(Get Free Report)

Imperial Ginseng Products Ltd. does not have significant operations. Previously, it was involved in the cultivation and processing of ginseng in the province of Ontario. Imperial Ginseng Products Ltd. was incorporated in 1989 and is headquartered in Vancouver, Canada.

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