Sunora Foods (CVE:SNF) Shares Down 2.9% – Here’s Why

Sunora Foods Inc. (CVE:SNF)’s share price traded down 2.9% during trading on Wednesday . The stock traded as low as C$0.17 and last traded at C$0.17. 123,550 shares traded hands during trading, an increase of 307% from the average session volume of 30,356 shares. The stock had previously closed at C$0.17.

Sunora Foods Price Performance

The firm has a market cap of C$6.68 million and a price-to-earnings ratio of 55.00. The company has a current ratio of 5.89, a quick ratio of 5.77 and a debt-to-equity ratio of 0.98. The company has a 50 day moving average of C$0.16 and a 200 day moving average of C$0.16.

Sunora Foods Company Profile

Sunora Foods Inc trades in and supplies food oils in Canada, the United States, and internationally. The company offers canola, soybean, corn, olive, and other specialty food oils under the Sunora, Sunera, and Sunya brands, as well as under various private labels. It serves customers in the food oil processing, retail, and food service markets.