Sunora Foods (CVE:SNF) Shares Down 2.9% – Here’s Why

by · The Markets Daily

Shares of Sunora Foods Inc. (CVE:SNFGet Free Report) traded down 2.9% during mid-day trading on Wednesday . The company traded as low as C$0.17 and last traded at C$0.17. 123,550 shares traded hands during trading, an increase of 307% from the average session volume of 30,356 shares. The stock had previously closed at C$0.17.

Sunora Foods Stock Performance

The company has a market cap of C$6.68 million and a P/E ratio of 55.00. The company has a quick ratio of 5.77, a current ratio of 5.89 and a debt-to-equity ratio of 0.98. The company has a 50 day moving average price of C$0.16 and a 200-day moving average price of C$0.16.

About Sunora Foods

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Sunora Foods Inc trades in and supplies food oils in Canada, the United States, and internationally. The company offers canola, soybean, corn, olive, and other specialty food oils under the Sunora, Sunera, and Sunya brands, as well as under various private labels. It serves customers in the food oil processing, retail, and food service markets.

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