Auxly Cannabis Group (CVE:XLY) Trading Up 5.4% – Still a Buy?

Shares of Auxly Cannabis Group Inc. (CVE:XLY) 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 stock has a 50 day moving average of C$0.39 and a 200-day moving average of C$0.39. The company has a market capitalization of C$289.90 million and a P/E 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.

Auxly Cannabis Group Company Profile

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.