Rocky Mountain Liquor (CVE:RUM) Shares Down 18.2% – Here’s Why

Rocky Mountain Liquor Inc. (CVE:RUMGet Free Report) dropped 18.2% during trading on Saturday . The company traded as low as C$0.09 and last traded at C$0.09. Approximately 107,525 shares traded hands during trading, an increase of 234% from the average daily volume of 32,227 shares. The stock had previously closed at C$0.11.

Rocky Mountain Liquor Price Performance

The stock has a market capitalization of C$4.30 million, a price-to-earnings ratio of 13.00 and a beta of 1.58. The company has a current ratio of 1.09, a quick ratio of 0.09 and a debt-to-equity ratio of 176.69. The stock has a 50-day simple moving average of C$0.10 and a 200 day simple moving average of C$0.10.

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.

Further Reading

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