Auxly Cannabis Group (OTCMKTS:CBWTF – Get Rating) had its target price cut by Raymond James from C$0.65 to C$0.40 in a research report published on Friday, The Fly reports.

Auxly Cannabis Group stock traded up $0.02 during midday trading on Friday, reaching $0.13. 658,335 shares of the stock traded hands, compared to its average volume of 322,951. The company has a current ratio of 3.13, a quick ratio of 1.85 and a debt-to-equity ratio of 0.42. The firm has a fifty day moving average price of $0.12 and a two hundred day moving average price of $0.14. Auxly Cannabis Group has a fifty-two week low of $0.10 and a fifty-two week high of $0.35.

About Auxly Cannabis Group (Get Rating)

Auxly Cannabis Group Inc operates as a consumer-packaged goods company in the cannabis products market in Canada. The company focuses on developing, manufacturing, and distributing cannabis products for wellness and recreational consumers. It offers cannabis products under various forms, including vape catridges, dried flower, concentrates, chocolates, soft chews, oil drops, capsules, topicals, and hard candy under the brands KOLAB PROJECT, Dosecann, BACK FORTY, and Foray.

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