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

Canyon Creek Food Company Ltd. (CVE:CYFGet Free Report) shares were down 37.5% during trading on Monday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 123,000 shares were traded during trading, a decline of 4% from the average daily volume of 128,459 shares. The stock had previously closed at C$0.04.

Canyon Creek Food Trading Down 37.5%

The firm has a 50-day simple moving average of C$0.02 and a two-hundred day simple moving average of C$0.02. 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.

About Canyon Creek Food

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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.

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