Rocky Mountain Liquor (CVE:RUM) Trading Down 17.6% – Time to Sell?

Rocky Mountain Liquor Inc. (CVE:RUM – Get Free Report)’s stock price dropped 17.6% during mid-day trading on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 155,000 shares traded hands during trading, an increase of 152% from the average daily volume of 61,492 shares. The stock had previously closed at C$0.09.

Rocky Mountain Liquor Stock Performance

The stock has a market cap of C$3.11 million, a P/E ratio of -2.83 and a beta of 1.81. The company has a current ratio of 1.09, a quick ratio of 0.09 and a debt-to-equity ratio of 176.69. The stock has a 50 day simple moving average of C$0.09 and a 200 day simple moving average of C$0.09.

About Rocky Mountain Liquor

(Get Free Report)

Rocky Mountain Liquor Inc, through its subsidiary, Andersons Liquor Inc, owns and operates liquor stores in Canada. Its stores sell beer, wine, spirit, and ready to drink liquor products, as well as ancillary items, such as juice, ice, soft drinks, and giftware. Rocky Mountain Liquor Inc is headquartered in Edmonton, Canada.

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