SugarBud Craft Growers (CVE:SUGR) Trading 1.7% Higher – Should You Buy?

SugarBud Craft Growers Corp. (CVE:SUGRGet Free Report)’s stock price shot up 1.7% during mid-day trading on Thursday . The company traded as high as C$8.95 and last traded at C$8.90. 302 shares traded hands during trading, a decline of 92% from the average session volume of 3,556 shares. The stock had previously closed at C$8.75.

SugarBud Craft Growers Stock Performance

The stock has a market cap of C$60.70 million and a PE ratio of 10.85. The stock has a fifty day moving average of C$8.28 and a 200-day moving average of C$4.44. The company has a quick ratio of 0.03, a current ratio of 1.48 and a debt-to-equity ratio of 157.27.

About SugarBud Craft Growers

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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.

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