Shares of Ecofibre Limited (ASX:EOF) rose 3.1% on Tuesday . The company traded as high as A$3.07 ($2.18) and last traded at A$3.00 ($2.13), approximately 138,055 shares traded hands during trading. The stock had previously closed at A$2.91 ($2.06).

The company has a quick ratio of 5.67, a current ratio of 7.63 and a debt-to-equity ratio of 3.17. The company has a market capitalization of $928.05 million and a PE ratio of 136.36. The company’s 50-day moving average price is A$2.73.

About Ecofibre (ASX:EOF)

Ecofibre Limited, together with its subsidiaries, engages in breeding, growing, processing, and distributing hemp products in the United States and Australia. The company offers protein powders, dehulled hemp seeds, hemp seed oil, tinctures, and gel capsules. It also produces hemp nutraceutical products for human and pet consumption, as well as topical creams and salves; and develops hemp related fiber products.

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