SugarBud Craft Growers (CVE:SUGR) Trading Down 4.3% – Time to Sell?

SugarBud Craft Growers Corp. (CVE:SUGRGet Free Report) fell 4.3% during trading on Wednesday . The stock traded as low as C$11.49 and last traded at C$11.49. 100 shares traded hands during mid-day trading, a decline of 59% from the average session volume of 245 shares. The stock had previously closed at C$12.00.

SugarBud Craft Growers Price Performance

The company has a quick ratio of 0.03, a current ratio of 1.48 and a debt-to-equity ratio of 157.27. The company has a market cap of C$275.60 million, a PE ratio of 12.98 and a beta of 2.77. The business’s 50 day moving average price is C$11.87 and its 200-day moving average price is C$12.40.

SugarBud Craft Growers Company Profile

(Get Free Report)

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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