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

Shares of Auxly Cannabis Group Inc. (CVE:XLYGet Free Report) shot up 5.4% on Friday . The company traded as high as C$0.40 and last traded at C$0.39. 1,630,684 shares were traded during trading, a decline of 27% from the average session volume of 2,248,602 shares. The stock had previously closed at C$0.37.

Auxly Cannabis Group Trading Up 5.4 %

The company has a 50-day simple moving average of C$0.39 and a 200-day simple moving average of C$0.39. The company has a debt-to-equity ratio of 56.23, a quick ratio of 0.63 and a current ratio of 1.82. The stock has a market cap of C$289.90 million and a P/E ratio of -2.10.

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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