SugarBud Craft Growers (CVE:SUGR) Shares Down 11.7% – Should You Sell?

SugarBud Craft Growers Corp. (CVE:SUGRGet Free Report) shares were down 11.7% during mid-day trading on Monday . The company traded as low as C$11.04 and last traded at C$11.04. Approximately 300 shares were traded during trading, an increase of 41% from the average daily volume of 213 shares. The stock had previously closed at C$12.50.

SugarBud Craft Growers Stock Down 11.7%

The company has a debt-to-equity ratio of 157.27, a current ratio of 1.48 and a quick ratio of 0.03. The company has a fifty day moving average price of C$11.95 and a 200 day moving average price of C$12.21. The company has a market cap of C$264.81 million, a PE ratio of 12.47 and a beta of 2.77.

About SugarBud Craft Growers

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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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