SugarBud Craft Growers (CVE:SUGR) Stock Price Down 4.3% – Here’s Why

SugarBud Craft Growers Corp. (CVE:SUGRGet Free Report) shares fell 4.3% on Thursday . The stock traded as low as C$11.00 and last traded at C$11.00. 2,100 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 3,140 shares. The stock had previously closed at C$11.50.

SugarBud Craft Growers Stock Up 2.7 %

The firm has a market cap of C$77.07 million and a price-to-earnings ratio of 13.61. 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 business’s 50-day moving average is C$10.01 and its 200-day moving average is C$7.93.

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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