SugarBud Craft Growers (CVE:SUGR) Trading Up 0.8% – What’s Next?

SugarBud Craft Growers Corp. (CVE:SUGRGet Free Report)’s stock price rose 0.8% on Friday . The company traded as high as C$12.10 and last traded at C$12.10. Approximately 100 shares changed hands during mid-day trading, a decline of 70% from the average daily volume of 337 shares. The stock had previously closed at C$12.00.

SugarBud Craft Growers Trading Up 0.8 %

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 has a market capitalization of C$82.52 million and a price-to-earnings ratio of 14.58. The business’s 50 day moving average price is C$11.90 and its two-hundred day moving average price is C$10.01.

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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