Digipath (OTCMKTS:DIGP) Trading Up 9.2%

Digipath Inc (OTCMKTS:DIGP)’s stock price was up 9.2% during trading on Friday . The stock traded as high as $0.12 and last traded at $0.12, approximately 34,080 shares were traded during trading. A decline of 6% from the average daily volume of 36,345 shares. The stock had previously closed at $0.11.

The company has a quick ratio of 3.94, a current ratio of 3.94 and a debt-to-equity ratio of 0.40. The business has a fifty day moving average of $0.14.

Digipath (OTCMKTS:DIGP) last issued its quarterly earnings data on Thursday, May 16th. The company reported ($0.01) earnings per share for the quarter. The company had revenue of $0.65 million for the quarter. Digipath had a negative return on equity of 169.53% and a negative net margin of 69.41%.

About Digipath (OTCMKTS:DIGP)

DigiPath, Inc together with its subsidiaries, provides cannabis related testing 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.

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