The Second Cup Ltd (TSE:SCU) rose 2.2% during mid-day trading on Wednesday . The company traded as high as C$1.39 and last traded at C$1.37, approximately 7,200 shares changed hands during trading. A decline of 13% from the average daily volume of 8,297 shares. The stock had previously closed at C$1.34.
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’s 50-day moving average is C$1.38 and its 200 day moving average is C$1.56. The company has a market cap of $27.12 million and a price-to-earnings ratio of -40.29.
About The Second Cup (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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