SugarBud Craft Growers Corp. (CVE:SUGR – Get Free Report)’s share price shot up 10.5% during mid-day trading on Friday . The company traded as high as C$11.00 and last traded at C$10.50. 8,544 shares changed hands during trading, an increase of 607% from the average session volume of 1,209 shares. The stock had previously closed at C$9.50.
SugarBud Craft Growers Stock Performance
The stock has a market cap of C$252.72 million, a P/E ratio of 7.50 and a beta of 2.77. The stock has a fifty day simple moving average of C$10.42 and a 200-day simple moving average of C$11.38. 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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