Imperial Ginseng Products (IGP) Hits New 1-Year Low at $0.97

Imperial Ginseng Products Ltd. (CVE:IGP)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as C$0.97 and last traded at C$0.97, with a volume of 4200 shares. The stock had previously closed at C$1.04.

The company has a debt-to-equity ratio of 11.63, a quick ratio of 1.06 and a current ratio of 4.00. The firm has a market capitalization of $7.50 million and a P/E ratio of 3.05.

Imperial Ginseng Products (CVE:IGP) last issued its quarterly earnings data on Wednesday, November 28th. The company reported C($0.15) EPS for the quarter.

In other news, insider Robert Hugh Cartwright sold 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 21st. The shares were sold at an average price of C$1.50, for a total value of C$30,000.00. Over the last 90 days, insiders sold 27,100 shares of company stock worth $39,750.

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Imperial Ginseng Products Company Profile (CVE:IGP)

Imperial Ginseng Products Ltd. cultivates and processes ginseng in the province of Ontario. It is also involved in the sale of dried ginseng to wholesalers through distributors in Asia and North America. The company was founded in 1989 and is headquartered in Vancouver, Canada.

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