Flowr (CVE:FLWR) Trading 3.3% Higher

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Flowr Corp (CVE:FLWR)’s stock price traded up 3.3% during trading on Tuesday . The stock traded as high as C$4.26 and last traded at C$4.13, 324,313 shares were traded during mid-day trading. An increase of 52% from the average session volume of 213,458 shares. The stock had previously closed at C$4.00.

Separately, Jefferies Financial Group boosted their price objective on Monster Beverage from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, May 3rd.

The firm’s 50-day simple moving average is C$6.10. The company has a market cap of $430.00 million and a P/E ratio of -16.65. The company has a debt-to-equity ratio of 23.64, a quick ratio of 2.14 and a current ratio of 2.54.

About Flowr (CVE:FLWR)

The Flowr Corporation cultivates and produces medicinal cannabis in Canada. The company is based in Lake Country, Canada.

See Also: Leveraged Buyout (LBO)

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