SugarBud Craft Growers (CVE:SUGR) Shares Up 0.9% – What’s Next?

SugarBud Craft Growers Corp. (CVE:SUGRGet Free Report)’s stock price rose 0.9% during mid-day trading on Friday . The stock traded as high as C$11.27 and last traded at C$11.27. 100 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 1,141 shares. The stock had previously closed at C$11.17.

SugarBud Craft Growers Stock Performance

The company has a debt-to-equity ratio of 157.27, a current ratio of 1.48 and a quick ratio of 0.03. The stock has a 50-day moving average price of C$10.84 and a 200-day moving average price of C$11.57. The company has a market capitalization of C$271.26 million, a price-to-earnings ratio of 8.05 and a beta of 2.77.

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. and changed its name to SugarBud Craft Growers Corp. in October 2018. SugarBud Craft Growers Corp. is headquartered in Calgary, Canada.

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