Auxly Cannabis Group (CVE:XLY) Shares Up 5.4% – Here’s Why

Auxly Cannabis Group Inc. (CVE:XLYGet Free Report) shares rose 5.4% during mid-day trading on Friday . The stock traded as high as C$0.40 and last traded at C$0.39. Approximately 1,630,684 shares were traded during mid-day trading, a decline of 27% from the average daily volume of 2,248,602 shares. The stock had previously closed at C$0.37.

Auxly Cannabis Group Trading Up 5.4 %

The company has a quick ratio of 0.63, a current ratio of 1.82 and a debt-to-equity ratio of 56.23. The company has a market capitalization of C$289.90 million and a P/E ratio of -2.10. The business has a fifty day moving average price of C$0.39 and a 200 day moving average price of C$0.39.

About Auxly Cannabis Group

(Get Free Report)

Auxly Cannabis Group Inc operates as a consumer packaged goods company in the cannabis products market in Canada. The company engages in the cultivation of cannabis; and development and distribution of cannabis products. It offers products, such as soft chews, vape cartridges, vape pens, pre-rolled cannabis, chocolates, and cannabis oil spray and oil drops through retail stores under the Kolab Project, Foray, and Dosecan brand names.

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