SugarBud Craft Growers Corp. (CVE:SUGR – Get Free Report) shares shot up 0.6% on Wednesday . The company traded as high as C$7.80 and last traded at C$7.75. 1,899 shares traded hands during trading, a decline of 49% from the average session volume of 3,743 shares. The stock had previously closed at C$7.70.
SugarBud Craft Growers Price Performance
The firm has a market capitalization of C$53.54 million and a price-to-earnings ratio of 9.40. The company has a quick ratio of 0.03, a current ratio of 1.48 and a debt-to-equity ratio of 157.27. The company’s fifty day moving average is C$8.29 and its two-hundred day moving average is C$3.58.
About SugarBud Craft Growers
SugarBud Craft Growers Corp. engages in the development, production, distribution, and sale of cannabis products in Canada. It offers cannabis extract, edible, and topical products through distributors and retailers, as well as to registered medical patients through CannMart.com. The company was formerly known as Relentless Resources Ltd.
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