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

Canyon Creek Food Company Ltd. (CVE:CYF) shares traded down 37.5% during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. 123,000 shares changed hands during 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 firm’s 50 day simple moving average is C$0.02 and its 200-day simple moving average is C$0.02. The company has a market capitalization of C$878,725.00, a PE ratio of -0.31 and a beta of 1.67.

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.