SugarBud Craft Growers (CVE:SUGR) Stock Price Down 0.8% – Should You Sell?

SugarBud Craft Growers Corp. (CVE:SUGR)’s stock price dropped 0.8% on Monday . The stock traded as low as C$12.00 and last traded at C$12.00. Approximately 100 shares traded hands during mid-day trading, a decline of 67% from the average daily volume of 299 shares. The stock had previously closed at C$12.10.

SugarBud Craft Growers Price Performance

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 simple moving average is C$11.97 and its 200-day simple moving average is C$10.49. The stock has a market capitalization of C$82.52 million and a price-to-earnings ratio of 14.58.

SugarBud Craft Growers Company Profile

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.