Flowr (CVE:FLWR) Lowered to “Underperform” at ATB Capital

Flowr (CVE:FLWR – Get Rating) was downgraded by analysts at ATB Capital from a “sector perform” rating to an “underperform” rating in a note issued to investors on Tuesday, BayStreet.CA reports.

FLWR opened at C$0.05 on Tuesday. The firm has a market cap of C$20.79 million and a price-to-earnings ratio of -0.12. Flowr has a fifty-two week low of C$0.05 and a fifty-two week high of C$0.33. The company’s 50-day moving average price is C$0.06 and its 200 day moving average price is C$0.07. The company has a quick ratio of 0.86, a current ratio of 1.81 and a debt-to-equity ratio of 34.94.

Flowr Company Profile (Get Rating)

The Flowr Corporation cultivates, produces, and sells cannabis in Canada. It also has operations in Canada, Europe, and Australia. The company is headquartered in Toronto, Canada.

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