RIV Capital (TSE:RIV) Trading Down 6.3% – Should You Sell?

Shares of RIV Capital Inc. (TSE:RIV) fell 6.3% on Monday . The stock traded as low as C$1.42 and last traded at C$1.50. 544,175 shares were traded during mid-day trading, an increase of 35% from the average session volume of 403,976 shares. The stock had previously closed at C$1.60.

RIV Capital Trading Down 6.3 %

The company has a debt-to-equity ratio of 0.14, a current ratio of 118.18 and a quick ratio of 117.80. The stock has a market capitalization of C$213.65 million and a P/E ratio of -1.63. The stock has a 50-day moving average price of C$1.50.

RIV Capital (TSE:RIV) last announced its quarterly earnings data on Wednesday, August 28th. The company reported C($0.08) EPS for the quarter. The business had revenue of C$5.18 million during the quarter. On average, sell-side analysts forecast that RIV Capital Inc. will post 0.01 earnings per share for the current year.

About RIV Capital

RIV Capital Inc, formerly known as Canopy Rivers Inc, is a venture capital firm. The firm is a stage agnostic, with seed to sale, although it prefers to invest in series A to C rounds. It prefers to make investments in cannabis sector with focus on burgeoning marijuana companies and sectors like agriculture and food sciences, production, processing, pharmaceuticals and biotechnology, software and data, hardware, consumer products and accessories, wellness products, retail and distribution, and media and content.