Shares of MedReleaf Corp (TSE:LEAF) dropped 0.5% during trading on Thursday . The stock traded as low as C$25.01 and last traded at C$26.40. Approximately 1,027,125 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 1,688,504 shares. The stock had previously closed at C$26.28.
LEAF has been the subject of several recent analyst reports. Canaccord Genuity lifted their price target on MedReleaf from C$15.00 to C$20.00 in a report on Tuesday, November 14th. Cowen boosted their target price on MedReleaf from C$20.00 to C$36.00 in a report on Monday. Finally, Eight Capital boosted their target price on MedReleaf from C$13.00 to C$20.00 and gave the stock a “buy” rating in a report on Wednesday, November 15th.
The company has a market capitalization of $2,350.00 and a price-to-earnings ratio of 1,320.00.
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MedReleaf Company Profile
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