SugarBud Craft Growers (CVE:SUGR) Stock Price Up 0.9% – Time to Buy?

SugarBud Craft Growers Corp. (CVE:SUGRGet Free Report)’s share price rose 0.9% during 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 daily volume of 1,141 shares. The stock had previously closed at C$11.17.

SugarBud Craft Growers Stock Performance

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

SugarBud Craft Growers Company Profile

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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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