SugarBud Craft Growers (CVE:SUGR) Trading 2.1% Higher – Here’s What Happened

by · The Cerbat Gem

SugarBud Craft Growers Corp. (CVE:SUGRGet Free Report)’s share price traded up 2.1% during mid-day trading on Wednesday . The stock traded as high as C$12.25 and last traded at C$12.25. 100 shares traded hands during trading, a decline of 88% from the average session volume of 804 shares. The stock had previously closed at C$12.00.

SugarBud Craft Growers Trading Up 2.1%

The company has a debt-to-equity ratio of 157.27, a quick ratio of 0.03 and a current ratio of 1.48. The firm has a market capitalization of C$293.83 million, a P/E ratio of 13.84 and a beta of 2.77. The firm has a 50 day simple moving average of C$12.08 and a two-hundred day simple moving average of C$12.65.

SugarBud Craft Growers Company Profile

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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. and changed its name to SugarBud Craft Growers Corp. in October 2018. SugarBud Craft Growers Corp. is headquartered in Calgary, Canada.

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