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

Sunora Foods Inc. (CVE:SNF) fell 2.9% during trading on Thursday . The company traded as low as C$0.17 and last traded at C$0.17. 123,550 shares traded hands during mid-day trading, an increase of 307% from the average session 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 200 day moving average of C$0.16. The company has a debt-to-equity ratio of 0.98, a current ratio of 5.89 and a quick ratio of 5.77. The firm has a market capitalization of C$6.68 million and a price-to-earnings ratio of 55.00.

Sunora Foods Company Profile

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.