Auxly Cannabis Group (CVE:XLY) Trading Up 5.4% – Here’s What Happened

Auxly Cannabis Group Inc. (CVE:XLYGet Free Report)’s stock price rose 5.4% during trading on Friday . The company traded as high as C$0.40 and last traded at C$0.39. Approximately 1,630,684 shares were traded during mid-day 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 business’s 50 day simple moving average is C$0.39 and its two-hundred day simple moving average is C$0.39. The firm has a market capitalization of C$289.90 million and a PE ratio of -2.10. The company has a current ratio of 1.82, a quick ratio of 0.63 and a debt-to-equity ratio of 56.23.

About Auxly Cannabis Group

(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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