Canopy Rivers Inc (CVE:RIV – Get Free Report) shares shot up 8.1% on Tuesday . 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 session volume of 485,227 shares. The stock had previously closed at C$2.34.
Canopy Rivers Stock Performance
The company has a market capitalization of C$474.50 million and a price-to-earnings ratio of 72.29. The company has a debt-to-equity ratio of 0.21, a quick ratio of 34.04 and a current ratio of 34.09. The company’s fifty day simple moving average is C$2.53 and its two-hundred day simple moving average is 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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