Shares of Canopy Rivers Inc (CVE:RIV – Get Free Report) were up 8.1% on Wednesday. The stock traded as high as C$2.61 and last traded at C$2.53. Approximately 984,044 shares changed 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 Stock Performance
The company has a quick ratio of 34.04, a current ratio of 34.09 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of C$474.50 million and a P/E ratio of 72.29. The stock has a fifty day moving average of C$2.53 and a 200-day moving average of C$2.53.
About Canopy Rivers
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.
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