SugarBud Craft Growers (CVE:SUGR) Stock Price Down 2.5% – Here’s What Happened

by · The Cerbat Gem

SugarBud Craft Growers Corp. (CVE:SUGRGet Free Report) fell 2.5% during mid-day trading on Tuesday . The stock traded as low as C$11.50 and last traded at C$11.50. 200 shares traded hands during trading, a decline of 39% from the average session volume of 328 shares. The stock had previously closed at C$11.80.

SugarBud Craft Growers Trading Up 6.5%

The firm has a market capitalization of C$293.83 million, a price-to-earnings ratio of 13.84 and a beta of 2.77. 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 business has a fifty day moving average price of C$11.59 and a 200 day moving average price of C$11.99.

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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