Rocky Mountain Liquor (CVE:RUM) Trading Up 29.4% – Should You Buy?

Rocky Mountain Liquor Inc. (CVE:RUMGet Free Report) shares were up 29.4% during mid-day trading on Thursday . The company traded as high as C$0.11 and last traded at C$0.11. Approximately 56,000 shares changed hands during mid-day trading, an increase of 82% from the average daily volume of 30,779 shares. The stock had previously closed at C$0.09.

Rocky Mountain Liquor Trading Up 29.4%

The company has a debt-to-equity ratio of 176.69, a quick ratio of 0.09 and a current ratio of 1.09. The firm has a 50 day simple moving average of C$0.10 and a two-hundred day simple moving average of C$0.10. The firm has a market capitalization of C$5.26 million, a P/E ratio of 13.00 and a beta of 1.58.

About Rocky Mountain Liquor

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Rocky Mountain Liquor Inc, through its subsidiary, Andersons Liquor Inc, owns and operates liquor stores in Canada. Its stores sell beer, wine, spirit, and ready to drink liquor products, as well as ancillary items, such as juice, ice, soft drinks, and giftware. Rocky Mountain Liquor Inc is headquartered in Edmonton, Canada.

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