Sunora Foods (CVE:SNF) Shares Down 2.9% – Should You Sell?

Sunora Foods Inc. (CVE:SNF) shares dropped 2.9% during trading on Thursday . The stock traded as low as C$0.17 and last traded at C$0.17. Approximately 123,550 shares changed hands during mid-day trading, an increase of 307% from the average daily volume of 30,356 shares. The stock had previously closed at C$0.17.

Sunora Foods Stock Down 2.9 %

The business has a 50 day moving average of C$0.16 and a two-hundred day moving average of C$0.16. The stock has a market capitalization of C$6.68 million and a PE ratio of 55.00. The company has a debt-to-equity ratio of 0.98, a quick ratio of 5.77 and a current ratio of 5.89.

About Sunora Foods

Sunora Foods Inc trades in and supplies food oils in Canada, the United States, and internationally. The company offers canola, soybean, corn, olive, and other specialty food oils under the Sunora, Sunera, and Sunya brands, as well as under various private labels. It serves customers in the food oil processing, retail, and food service markets.