Canopy Rivers (CVE:RIV) Trading Up 8.1% – Time to Buy?

Canopy Rivers Inc (CVE:RIV – Get Free Report)’s stock price was up 8.1% on Wednesday . The company traded as high as C$2.61 and last traded at C$2.53. Approximately 984,044 shares were traded during mid-day trading, an increase of 103% from the average daily volume of 485,227 shares. The stock had previously closed at C$2.34.

Canopy Rivers Price Performance

The company has a quick ratio of 34.04, a current ratio of 34.09 and a debt-to-equity ratio of 0.21. The stock has a market cap of C$474.50 million and a price-to-earnings ratio of 72.29. The stock has a fifty day moving average of C$2.53 and a two-hundred day moving average of C$2.53.

Canopy Rivers Company Profile

(Get Free Report)

Canopy Rivers Inc is a public investment firm. It prefers to make investments in cannabis sector with focus on burgeoning marijuana companies. It seeks to make minority stakes. The company is headquartered in Toronto, Canada.

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