The stock of Emerald Health Therapeutics Inc (CVE:EMH) is a huge mover today! About 91,021 shares traded hands. Emerald Health Therapeutics Inc (CVE:EMH) has risen 6.00% since October 8, 2016 and is uptrending. It has outperformed by 4.04% the S&P500.
The move comes after 5 months positive chart setup for the $47.44 million company. It was reported on Nov, 7 by Barchart.com. We have $1.66 PT which if reached, will make CVE:EMH worth $53.61M more.
More recent Emerald Health Therapeutics Inc (CVE:EMH) news were published by: Marketwatch.com which released: “Emerald Health Therapeutics Completes Private Placement and Shares for Debt …” on September 21, 2016. Also Stockhouse.com published the news titled: “T-Bird Pharma Inc. Announces Name Change to Emerald Health Therapeutics Inc.” on June 19, 2015. Bloomberg.com‘s news article titled: “Stemcentrx Sale to Return a Record $1.7 Billion for VC Firm Founders Fund” with publication date: April 28, 2016 was also an interesting one.
Emerald Health Therapeutics, Inc., formerly T-Bird Pharma Inc., is a Canada company, which through its subsidiary, Emerald Health Botanicals Inc. , is engaged in the production and sale of medical marihuana. The company has a market cap of $47.44 million. The Company’s segment is production and sales of medical marihuana pursuant to the Marihuana for Medical Purposes Regulations. It currently has negative earnings. Botanicals produces cannabis oils and capsules.
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