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

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

SugarBud Craft Growers Price Performance

The business has a 50-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 price-to-earnings ratio of 14.46. The company has a current ratio of 1.48, a quick ratio of 0.03 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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