SugarBud Craft Growers (CVE:SUGR) Trading 2.1% Higher – Here’s What Happened

SugarBud Craft Growers Corp. (CVE:SUGR)’s stock price traded up 2.1% during trading on Wednesday . The stock traded as high as C$12.25 and last traded at C$12.25. 100 shares changed hands during trading, a decline of 88% from the average session volume of 804 shares. The stock had previously closed at C$12.00.

SugarBud Craft Growers Stock Performance

The firm has a market cap of C$293.83 million, a P/E ratio of 13.84 and a beta of 2.77. The company has a current ratio of 1.48, a quick ratio of 0.03 and a debt-to-equity ratio of 157.27. The company’s 50-day moving average is C$12.08 and its two-hundred day moving average is C$12.65.

About SugarBud Craft Growers

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.