Fire & Flower (TSE:FAF) Shares Down 5.7%

Fire & Flower Holdings Corp. (TSE:FAF) was down 5.7% during mid-day trading on Wednesday . The stock traded as low as C$0.80 and last traded at C$0.83. Approximately 190,822 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 473,044 shares. The stock had previously closed at C$0.88.

The company has a market cap of $140.29 million and a P/E ratio of -4.07. The company has a fifty day simple moving average of C$0.94 and a 200-day simple moving average of C$0.71. The company has a debt-to-equity ratio of 169.35, a current ratio of 1.18 and a quick ratio of 0.99.

Fire & Flower (TSE:FAF) last posted its quarterly earnings results on Tuesday, June 16th. The company reported C($0.07) earnings per share (EPS) for the quarter. The business had revenue of C$23.12 million during the quarter, compared to the consensus estimate of C$20.15 million. On average, analysts anticipate that Fire & Flower Holdings Corp. will post -0.03 EPS for the current year.

Fire & Flower Company Profile (TSE:FAF)

Fire & Flower Holdings Corp., through its subsidiary, Fire & Flower Inc, operates as an independent retail chain that offers cannabis products and accessories to the adult-use market in Alberta and Saskatchewan. It also provides brand licensing and consulting services to licensed cannabis retail stores in Ontario.

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