SugarBud Craft Growers (CVE:SUGR) Shares Down 1% – Time to Sell?

SugarBud Craft Growers Corp. (CVE:SUGR) fell 1% during mid-day trading on Friday . The company traded as low as C$8.70 and last traded at C$8.90. 2,750 shares changed hands during mid-day trading, a decline of 18% from the average session volume of 3,374 shares. The stock had previously closed at C$8.99.

SugarBud Craft Growers Stock Down 1.0 %

The stock has a market capitalization of C$60.70 million and a P/E ratio of 10.72. The company has a debt-to-equity ratio of 157.27, a quick ratio of 0.03 and a current ratio of 1.48. The company’s 50-day moving average price is C$8.42 and its 200 day moving average price is C$5.42.

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.