Alcanna Inc (TSE:CLIQ) Director Buys C$16,200.00 in Stock

Alcanna Inc (TSE:CLIQ) Director James Franklin Charles Burns purchased 5,000 shares of Alcanna stock in a transaction that occurred on Friday, June 19th. The stock was purchased at an average price of C$3.24 per share, with a total value of C$16,200.00. Following the completion of the purchase, the director now directly owns 107,164 shares in the company, valued at C$347,211.36.

James Franklin Charles Burns also recently made the following trade(s):

  • On Wednesday, June 17th, James Franklin Charles Burns purchased 15,000 shares of Alcanna stock. The stock was purchased at an average price of C$3.26 per share, with a total value of C$48,958.50.

TSE:CLIQ opened at C$3.17 on Friday. The stock has a fifty day moving average price of C$2.86 and a 200-day moving average price of C$3.26. The company has a market cap of $124.55 million and a price-to-earnings ratio of -3.91. The company has a debt-to-equity ratio of 545.77, a quick ratio of 0.16 and a current ratio of 2.02. Alcanna Inc has a fifty-two week low of C$1.20 and a fifty-two week high of C$6.80.

Separately, CIBC upgraded Alcanna from a “neutral” rating to an “outperform” rating and boosted their price target for the company from C$2.50 to C$4.00 in a research note on Wednesday, June 3rd.

About Alcanna

Alcanna Inc engages in the retail of wines, beers, spirits, and cannabis in North America. As of March 14, 2019, it operated 236 stores in Alberta, British Columbia, and Alaska; and 5 cannabis retail stores under the Nova Cannabis brand in Alberta. The company was formerly known as Liquor Stores N.A.

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