Canyon Creek Food (CVE:CYF) Stock Price Up 180% – Here’s Why

Canyon Creek Food Company Ltd. (CVE:CYFGet Free Report) was up 180% on Wednesday . The stock traded as high as C$0.09 and last traded at C$0.07. Approximately 1,123,100 shares changed hands during mid-day trading, an increase of 726% from the average daily volume of 135,989 shares. The stock had previously closed at C$0.03.

Canyon Creek Food Stock Down 33.3%

The company’s 50-day moving average price is C$0.02 and its 200-day moving average price is C$0.02. The firm has a market cap of C$1.41 million, a price-to-earnings ratio of -0.50 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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