Shares of The Second Cup Ltd (TSE:SCU) shot up 2.2% on Wednesday . The company traded as high as C$1.39 and last traded at C$1.37, 7,200 shares were traded during trading. A decline of 13% from the average session volume of 8,297 shares. The stock had previously closed at C$1.34.
The firm has a 50 day simple moving average of C$1.38 and a 200-day simple moving average of C$1.56. The company has a quick ratio of 1.23, a current ratio of 1.32 and a debt-to-equity ratio of 184.38. The company has a market cap of $27.12 million and a PE ratio of -40.29.
The Second Cup Company Profile (TSE:SCU)
The Second Cup Ltd. operates as a specialty coffee retailer in Canada. The company offers coffee products and beverages. As of December 29, 2018, it operated approximately 262 franchised and company owned cafes under the Second Cup Coffee Co name. The company has strategic alliance with National Access Cannabis Corp.
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