Canopy Rivers (CVE:RIV) Trading Up 8.1% – Time to Buy?

Canopy Rivers Inc (CVE:RIVGet Free Report)’s stock price was up 8.1% on Wednesday . The company traded as high as C$2.61 and last traded at C$2.53. Approximately 984,044 shares were traded during mid-day trading, an increase of 103% from the average daily volume of 485,227 shares. The stock had previously closed at C$2.34.

Canopy Rivers Price Performance

The company has a quick ratio of 34.04, a current ratio of 34.09 and a debt-to-equity ratio of 0.21. The stock has a market cap of C$474.50 million and a price-to-earnings ratio of 72.29. The stock has a fifty day moving average of C$2.53 and a two-hundred day moving average of C$2.53.

Canopy Rivers Company Profile

(Get Free Report)

Canopy Rivers Inc is a public investment firm. It prefers to make investments in cannabis sector with focus on burgeoning marijuana companies. It seeks to make minority stakes. The company is headquartered in Toronto, Canada.

Further Reading

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