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

SugarBud Craft Growers Corp. (CVE:SUGRGet Free Report) shares dropped 0.8% during mid-day trading on Monday . The company traded as low as C$12.00 and last traded at C$12.00. Approximately 100 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 299 shares. The stock had previously closed at C$12.10.

SugarBud Craft Growers Price Performance

The stock has a fifty day moving average price of C$11.98 and a 200-day moving average price of C$10.46. The company has a market cap of C$81.84 million and a PE ratio of 14.46. The company has a debt-to-equity ratio of 157.27, a current ratio of 1.48 and a quick ratio of 0.03.

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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