Auxly Cannabis Group (CVE:XLY) Trading 5.4% Higher – Time to Buy?

by · The Cerbat Gem

Auxly Cannabis Group Inc. (CVE:XLY – Get Free Report)’s share price was up 5.4% on Friday . The stock traded as high as C$0.40 and last traded at C$0.39. Approximately 1,630,684 shares changed hands during trading, a decline of 27% from the average daily volume of 2,248,602 shares. The stock had previously closed at C$0.37.

Auxly Cannabis Group Stock Performance

The firm has a market cap of C$289.90 million and a P/E ratio of -2.10. The company has a debt-to-equity ratio of 56.23, a current ratio of 1.82 and a quick ratio of 0.63. The stock’s 50 day moving average is C$0.39 and its two-hundred day moving average is C$0.39.

Auxly Cannabis Group Company Profile

(Get Free Report)

Auxly Cannabis Group Inc operates as a consumer packaged goods company in the cannabis products market in Canada. The company engages in the cultivation of cannabis; and development and distribution of cannabis products. It offers products, such as soft chews, vape cartridges, vape pens, pre-rolled cannabis, chocolates, and cannabis oil spray and oil drops through retail stores under the Kolab Project, Foray, and Dosecan brand names.

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