SugarBud Craft Growers (CVE:SUGR) Stock Price Down 6.5% – Time to Sell?

by · The Cerbat Gem

SugarBud Craft Growers Corp. (CVE:SUGR – Get Free Report) traded down 6.5% during trading on Wednesday . The stock traded as low as C$10.50 and last traded at C$10.75. 1,720 shares changed hands during trading, an increase of 107% from the average session volume of 831 shares. The stock had previously closed at C$11.50.

SugarBud Craft Growers Stock Performance

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 stock has a 50 day simple moving average of C$12.03 and a two-hundred day simple moving average of C$12.71. The stock has a market capitalization of C$257.85 million, a P/E ratio of 12.15 and a beta of 2.77.

SugarBud Craft Growers Company Profile

(Get Free Report)

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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