Auxly Cannabis Group (CVE:XLY) Trading 5.4% Higher – Time to Buy?

Auxly Cannabis Group Inc. (CVE:XLYGet Free Report)’s stock price traded up 5.4% on Friday . The stock traded as high as C$0.40 and last traded at C$0.39. 1,630,684 shares were traded during mid-day trading, a decline of 27% from the average session volume of 2,248,602 shares. The stock had previously closed at C$0.37.

Auxly Cannabis Group Price Performance

The company has a market capitalization of C$289.90 million and a P/E ratio of -2.10. The company has a debt-to-equity ratio of 56.23, a current ratio of 1.82 and a quick ratio of 0.63. The firm’s 50-day moving average is C$0.39 and its 200-day moving average is C$0.39.

Auxly Cannabis Group Company Profile

(Get Free Report)

Auxly Cannabis Group Inc operates as a consumer packaged goods company in the cannabis products market in Canada. The company engages in the cultivation of cannabis; and development and distribution of cannabis products. It offers products, such as soft chews, vape cartridges, vape pens, pre-rolled cannabis, chocolates, and cannabis oil spray and oil drops through retail stores under the Kolab Project, Foray, and Dosecan brand names. The company was formerly known as Cannabis Wheaton Income Corp.

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