Fire & Flower (TSE:FAF) Trading 3.6% Higher – Should You Buy?

Fire & Flower Holdings Corp. (TSE:FAFGet Free Report)’s share price rose 3.6% on Monday . The stock traded as high as C$0.32 and last traded at C$0.29. Approximately 367,657 shares traded hands during trading, an increase of 265% from the average daily volume of 100,600 shares. The stock had previously closed at C$0.28.

Fire & Flower Price Performance

The company has a debt-to-equity ratio of 97.09, a current ratio of 0.81 and a quick ratio of 1.03. The company 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 fifty day simple moving average of C$0.29.

Fire & Flower Company Profile

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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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