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SugarBud Craft Growers (CVE:SUGR) Trading 9.1% Higher - What's Next?

SugarBud Craft Growers logo with Medical background

SugarBud Craft Growers Corp. (CVE:SUGR - Get Free Report) shares rose 9.1% during trading on Monday . The company traded as high as C$12.00 and last traded at C$12.00. Approximately 902 shares changed hands during mid-day trading, an increase of 184% from the average daily volume of 318 shares. The stock had previously closed at C$11.00.

SugarBud Craft Growers Stock Performance

The company's fifty day simple moving average is C$11.97 and its two-hundred day simple moving average is C$11.03. 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 stock has a market capitalization of C$78.09 million and a P/E ratio of 13.80.

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.

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