MariMed (MRMD) Projected to Post Earnings on Wednesday

MariMed (OTCMKTS:MRMD) is anticipated to post its quarterly earnings results after the market closes on Wednesday, March 5th. Analysts expect MariMed to post earnings of ($0.01) per share and revenue of $42.00 million for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

MariMed Price Performance

Shares of OTCMKTS:MRMD opened at $0.11 on Tuesday. The firm’s 50 day moving average price is $0.12 and its 200-day moving average price is $0.15. The company has a quick ratio of 0.73, a current ratio of 1.55 and a debt-to-equity ratio of 1.01. The stock has a market capitalization of $41.96 million, a PE ratio of -2.75 and a beta of 2.81. MariMed has a twelve month low of $0.11 and a twelve month high of $0.34.

MariMed Company Profile

MariMed Inc engages in cultivation, production, and dispensing of medicinal and recreational cannabis in the United States and internationally. The company sells flowers and concentrates under the Nature’s Heritage brand; and soft and chewy baked goods and a hot chocolate mix under Bubby’s Baked brand; and drink mix under Vibations brand.