SugarBud Craft Growers (CVE:SUGR) Shares Down 5% – What’s Next?

Shares of SugarBud Craft Growers Corp. (CVE:SUGRGet Free Report) traded down 5% during mid-day trading on Friday . The stock traded as low as C$10.50 and last traded at C$10.50. Approximately 321 shares traded hands during mid-day trading, a decline of 77% from the average daily volume of 1,394 shares. The stock had previously closed at C$11.05.

SugarBud Craft Growers Trading Down 5.0%

The company has a 50 day simple moving average of C$10.14 and a 200 day simple moving average of C$11.19. The company has a current ratio of 1.48, a quick ratio of 0.03 and a debt-to-equity ratio of 157.27. The stock has a market capitalization of C$252.81 million, a PE ratio of 6.32 and a beta of 2.77.

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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