Rocky Mountain Liquor (CVE:RUM) Stock Price Down 17.6% – Here’s What Happened

Shares of Rocky Mountain Liquor Inc. (CVE:RUMGet Free Report) dropped 17.6% on Thursday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 155,000 shares changed 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 Price Performance

The stock has a fifty day moving average of C$0.09 and a two-hundred day moving average of C$0.10. The stock has a market cap of C$3.35 million, a price-to-earnings ratio of -2.83 and a beta of 1.81. The company has a quick ratio of 0.09, a current ratio of 1.09 and a debt-to-equity ratio of 176.69.

About Rocky Mountain Liquor

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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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