Fire & Flower (TSE:FAF) Stock Price Up 3.6% – Still a Buy?

by · The Cerbat Gem

Fire & Flower Holdings Corp. (TSE:FAF – Get Free Report) shot up 3.6% during mid-day trading on Tuesday . The company traded as high as C$0.32 and last traded at C$0.29. 367,657 shares changed hands during mid-day trading, an increase of 265% from the average session volume of 100,600 shares. The stock had previously closed at C$0.28.

Fire & Flower Price Performance

The business has a 50-day moving average of C$0.29. The firm has a market capitalization of C$13.09 million, a P/E ratio of -0.14 and a beta of 2.86. The company has a quick ratio of 1.03, a current ratio of 0.81 and a debt-to-equity ratio of 97.09.

About Fire & Flower

(Get Free Report)

Fire & Flower Holdings Corp. operates as an independent cannabis retailer in Canada and the United States. It sells and distributes cannabis products and accessories to the adult-use market through private retailers, as well as under the Fire & Flower, Friendly Stranger, Happy Dayz, and Hotbox retail banners.

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