ATB Capital Lowers Flowr (CVE:FLWR) to Underperform

ATB Capital cut shares of Flowr (CVE:FLWRGet Rating) from a sector perform rating to an underperform rating in a research note issued to investors on Tuesday, BayStreet.CA reports.

CVE:FLWR opened at C$0.05 on Tuesday. The company has a debt-to-equity ratio of 46.59, a quick ratio of 0.26 and a current ratio of 0.99. The stock’s 50-day simple moving average is C$0.06 and its 200 day simple moving average is C$0.07. The company has a market cap of C$20.79 million and a P/E ratio of -0.22. Flowr has a 52-week low of C$0.05 and a 52-week high of C$0.33.

Flowr Company Profile (Get Rating)

The Flowr Corporation cultivates, produces, and sells cannabis in Canada. It also has operations in Canada, Europe, and Australia. The company is headquartered in Toronto, Canada.

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