Shares of SugarBud Craft Growers Corp. (CVE:SUGR – Get Free Report) rose 3% during trading on Tuesday. The stock traded as high as C$9.30 and last traded at C$9.30. 10,300 shares traded hands during mid-day trading, an increase of 287% from the average daily volume of 2,661 shares. The stock had previously closed at C$9.03.
SugarBud Craft Growers Price Performance
The stock has a market cap of C$223.68 million, a price-to-earnings ratio of 5.59 and a beta of 0.19. The stock’s 50 day moving average price is C$9.72 and its two-hundred day moving average price is C$10.85. The company has a quick ratio of 0.03, a current ratio of 1.48 and a debt-to-equity ratio of 157.27.
SugarBud Craft Growers Company Profile
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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