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SugarBud Craft Growers (CVE:SUGR) Stock Price Down 1.8% - Time to Sell?

SugarBud Craft Growers logo with Medical background

Key Points

  • SugarBud Craft Growers Corp. stock price fell by 1.8%, closing at C$13.25, with a significant drop in trading volume of 86% compared to the average.
  • The company has a market capitalization of C$90.37 million, and key financial metrics include a PE ratio of 15.96 and a high debt-to-equity ratio of 157.27.
  • SugarBud specializes in the development and sale of cannabis products in Canada, offering various products to both retailers and medical patients through CannMart.com.
  • Want stock alerts on SugarBud Craft Growers? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

SugarBud Craft Growers Corp. (CVE:SUGR - Get Free Report) shares were down 1.8% on Wednesday . The stock traded as low as C$13.25 and last traded at C$13.25. Approximately 100 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 709 shares. The stock had previously closed at C$13.49.

SugarBud Craft Growers Trading Down 1.8%

The company has a quick ratio of 0.03, a current ratio of 1.48 and a debt-to-equity ratio of 157.27. The stock has a market capitalization of C$88.73 million and a P/E ratio of 15.67. The firm's 50 day simple moving average is C$13.22 and its two-hundred day simple moving average is C$12.51.

About SugarBud Craft Growers

(Get Free Report)

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.

See Also

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