Canyon Creek Food (CVE:CYF) Shares Down 37.5% – Here’s What Happened

Canyon Creek Food Company Ltd. (CVE:CYF)’s share price traded down 37.5% during mid-day trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03. 123,000 shares traded hands during mid-day trading, a decline of 4% from the average session volume of 128,459 shares. The stock had previously closed at C$0.04.

Canyon Creek Food Stock Down 37.5%

The company has a market capitalization of C$878,725.00, a price-to-earnings ratio of -0.31 and a beta of 1.67. The stock’s 50-day simple moving average is C$0.02 and its two-hundred day simple moving average is C$0.02.

Canyon Creek Food Company Profile

Canyon Creek Food Company Ltd. operates as a food processing company in Canada and the United States. The company engages in the provision of fresh soups, sauces, gravies, side dishes, and other prepared food products. It offers its products to grocery retailers and various food service establishments, as well as involved in the provision of freight services. The company was founded in 1995 is based in Edmonton, Canada.