Canopy Rivers (CVE:RIV) Shares Up 8.1% – Should You Buy?

Canopy Rivers Inc (CVE:RIV – Get Free Report) traded up 8.1% during trading on Wednesday. The company traded as high as C$2.61 and last traded at C$2.53. 984,044 shares traded hands during trading, an increase of 103% from the average daily volume of 485,227 shares. The stock had previously closed at C$2.34.

Canopy Rivers Price Performance

The company has a current ratio of 34.09, a quick ratio of 34.04 and a debt-to-equity ratio of 0.21. The company has a fifty day moving average price of C$2.53 and a two-hundred day moving average price of C$2.53. The firm has a market cap of C$474.50 million and a P/E ratio of 72.29.

Canopy Rivers Company Profile

(Get Free Report)

Canopy Rivers Inc is a public investment firm. It prefers to make investments in cannabis sector with focus on burgeoning marijuana companies. It seeks to make minority stakes. The company is headquartered in Toronto, Canada.

Further Reading

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